TMC The Metals Company Inc. Announces Conclusion Of SEC Investigation; No Enforcement Action Recommended Against Company Or Officers Regarding 2020 Acquisition Of Tonga Offshore Mining Limited And 2021 Business Combination With Sustainable Opportunities Acquisition Corp.

5/28/24 8:21:26 AM ET

Metal Mining

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Recent Analyst Ratings for
$TMC

Date	Price Target	Rating	Analyst
11/13/2023	$4.20	Buy	Cantor Fitzgerald
11/24/2021	$5.00	Neutral	Wedbush
11/12/2021	$3.00	Neutral	Piper Sandler
11/11/2021		Hold	Benchmark
11/11/2021		Hold	The Benchmark Company

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$TMC
Press Releases

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World First: TMC and PAMCO Achieve Breakthrough in Commercial-Scale Processing of Polymetallic Nodules, Successfully Producing Calcine
TMC and PAMCO successfully produced calcine from a 2,000-tonne sample of nodules collected during TMC subsidiary Nauru Ocean Resources Inc.'s 2022 test mining, at PAMCO's Hachinohe Rotary Kiln Electric-Arc Furnace (RKEF) facility in JapanThe nodules were heated to remove moisture and initiate the mineral transition to metallic form, producing approximately 500 tonnes of calcine in preparation for smeltingIn the coming months, PAMCO intends to commence the next phase of the processing trial by transferring the calcine material to its electric arc furnace for smelting into a high-grade nickel-copper-cobalt alloy and manganese silicate productThe goal of the commercial-scale campaign is the col
9/9/24 8:00:00 AM ET
$TMC
Metal Mining
Basic Materials
The Metals Company Provides Second Quarter 2024 Corporate Update
NEW YORK, Aug. 14, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (NASDAQ:TMC) ("TMC" or "the Company"), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today provided a corporate update and financial results for the second quarter ending June 30, 2024. Q2 2024 Financial Highlights Current liquidity available from credit facilities of approximately $48.3 millionIncreased borrowing capacity of our unsecured credit facilities by $7.5 million in August 2024: ERAS/Barron facility from $20 million to $25 million, andAllseas Group SA affiliate facility from $25 million to $27.5 million $12.1 million cash used in operations fo
8/14/24 4:05:00 PM ET
$TMC
Metal Mining
Basic Materials
The Metals Company Announces Second Quarter 2024 Corporate Update Conference Call for Wednesday, August 14, 2024
NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- The Metals Company (NASDAQ:TMC) ("TMC" or "the Company"), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it will host a conference call on Wednesday, August 14, 2024, to provide an update on second quarter financial results and recent corporate developments. Second Quarter 2024 Conference Call Details Date:Wednesday, August 14, 2024 Time:4:30 p.m. ET Audio-only Dial-in:Register Here Virtual webcast with slides:Register Here The virtual webcast will be available for replay in the ‘Investors' tab of the Company's website under ‘Investors' > ‘Media' > ‘Events and Presentations', approxima
8/8/24 8:05:00 AM ET
$TMC
Metal Mining
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$TMC
Leadership Updates

Live Leadership Updates

The Metals Company Welcomes Prominent Sustainability Strategist Brendan May to its Board of Directors
Mr. May is chairman and founder of Robertsbridge, a leading global sustainability consultancy he formed in 2010. He has spent more than 25 years in the sustainability space, initially working on oceans sustainability as CEO of the Marine Stewardship Council (MSC) and more recently on deforestation as European Chairman of the Rainforest AllianceHe joins TMC's Board to help the company transition into commercial production as global policymakers increasingly focus on the potential of deep-seafloor nodules to reduce the lifecycle planetary and human costs of land-based sources of the metals that underpin the energy transition and global development NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) --
6/3/24 8:00:00 AM ET
$TMC
Metal Mining
Basic Materials
Steve Jurvetson, a Renowned Silicon Valley Investor, Joins TMC's Board of Directors as Vice Chairman and Special Advisor to the CEO
Mr. Jurvetson is a legendary investor focused on founder-led, mission-driven companies at the cutting edge of disruptive technology and new industry formation. His investments include pioneering technology companies like Tesla, Planet Labs, SpaceX and Commonwealth Fusion Systems, and represent over $800 billion in aggregate value creationHe joins TMC's Board to help the company transition into commercial production as global policymakers increasingly focus on the potential of deep-seafloor nodules to strengthen domestic supply chains for critical metals that underpin energy transition and national security NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (NASDAQ:TM
4/10/24 8:30:00 AM ET
$TMC
Metal Mining
Basic Materials
The Metals Company Hires Bechtel Veteran Grant Lindner as Project Director to Advance its NORI-D Project, as CDO Anthony O'Sullivan Prepares to Step Down
As NORI Project Director, Grant Lindner will oversee the delivery and scaling of the Company's first polymetallic nodule projectLindner brings deep experience in delivering resource projects with BHP and Bechtel with an exceptional track record of building safe and capital-efficient greenfield and brownfield projectsChief Development Officer Anthony O'Sullivan has resigned as the Company's Chief Development Officer (CDO) for personal and health reasons, and will remain TMC's CDO throughout a twelve-month transition period NEW YORK, Oct. 20, 2022 (GLOBE NEWSWIRE) -- The Metals Company (NASDAQ:TMC) (the "Company" or "TMC"), an explorer of lower-impact battery metals from seafloor polymetal
10/20/22 4:05:00 PM ET
$TMC
Metal Mining
Basic Materials

The Metals Company Announces Second Quarter 2024 Corporate Update Conference Call for Wednesday, August 14, 2024
NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- The Metals Company (NASDAQ:TMC) ("TMC" or "the Company"), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it will host a conference call on Wednesday, August 14, 2024, to provide an update on second quarter financial results and recent corporate developments. Second Quarter 2024 Conference Call Details Date:Wednesday, August 14, 2024 Time:4:30 p.m. ET Audio-only Dial-in:Register Here Virtual webcast with slides:Register Here The virtual webcast will be available for replay in the ‘Investors' tab of the Company's website under ‘Investors' > ‘Media' > ‘Events and Presentations', approxima
8/8/24 8:05:00 AM ET
$TMC
Metal Mining
Basic Materials
The Metals Company Announces First Quarter 2024 Corporate Update Conference Call for Monday, May 13, 2024
NEW YORK, May 06, 2024 (GLOBE NEWSWIRE) -- The Metals Company (NASDAQ:TMC) ("TMC" or "the Company"), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it will host a conference call on Monday, May 13, 2024, to provide an update on first quarter financial results and recent corporate developments. First Quarter 2024 Conference Call Details Date: Monday, May 13, 2024 Time: 4:30 p.m. ET     Audio-only Dial-in: Register Here   Virtual webcast with slides: Register Here The virtual webcast will be available for replay in the ‘Investors' tab of the Company's website under ‘Investors' > ‘Media' > ‘Events and Presentations', approximatel
5/6/24 4:30:35 PM ET
$TMC
Metal Mining
Basic Materials
The Metals Company Fourth Quarter and Full Year 2023 Corporate Update Conference Call for Monday, March 25, 2024
NEW YORK, March 18, 2024 (GLOBE NEWSWIRE) -- The Metals Company (NASDAQ:TMC) ("TMC" or "the Company"), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it will host a conference call on Monday, March 25, 2024, to provide an update on fourth quarter and full year financial results, and recent corporate developments. Fourth Quarter and Full Year 2023 Conference Call Details Date:Monday, March 25, 2024 Time:4:30 p.m. ET Audio-only Dial-in: Register Here Virtual webcast with slides: Register Here The virtual webcast will be available for replay in the ‘Investors' tab of the Company's website under ‘Investors' > ‘Media' > ‘Events and
3/18/24 4:05:24 PM ET
$TMC
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Market Insights

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EXCLUSIVE: Impossible Metals CEO Says Presale Agreements 'Quite Attractive' For Funding Deep-Sea Projects Vs. IPO
The chief executive of Impossible Metals, a privately held company developing ocean floor mining technology, is leaning toward offtake agreements rather than a public listing to fund full commercial operations. Offtake agreements are legally binding contracts where a buyer promises to take a certain amount of product at a specified price or price range in the future. These deals are important for early-stage mining companies because they allow them to more easily obtain money from lenders or investors to develop capital intensive projects. "I think offtake agreements are quite attractive," Impossible Metals CEO Oliver Gunasekara told Benzinga. However, he stressed that nothing is set i
7/22/24 4:43:18 PM ET
$TMC
Metal Mining
Basic Materials
TMC And SGS Produce Cobalt Sulfate From Deep-Seafloor Polymetallic Nodules
As part of TMC's pilot-scale nodule processing, SGS and TMC produced the world's first cobalt sulfate from deep-seafloor polymetallic nodules, continuing to indicate TMC's resource is suitable for battery and energy transition marketsThe cobalt sulfate was produced in a testing program conducted in collaboration with SGS applying TMC's efficient flowsheet design that processes high-grade nickel-copper-cobalt matte directly to high-purity cobalt sulfate (without making cobalt metal) and produces fertilizer products instead of solid waste or tailingsKey milestone advances TMC's aim to decrease reliance on land-based cobalt deposits and supply chains, and follows last month's successful product
6/12/24 8:14:11 AM ET
$TMC
Metal Mining
Basic Materials
TMC The Metals Company Inc. Announces Conclusion Of SEC Investigation; No Enforcement Action Recommended Against Company Or Officers Regarding 2020 Acquisition Of Tonga Offshore Mining Limited And 2021 Business Combination With Sustainable Opportunities Acquisition Corp.
5/28/24 8:21:26 AM ET
$TMC
Metal Mining
Basic Materials

TMC The Metals Company Inc. Announces Conclusion Of SEC Investigation; No Enforcement Action Recommended Against Company Or Officers Regarding 2020 Acquisition Of Tonga Offshore Mining Limited And 2021 Business Combination With Sustainable Opportunities Acquisition Corp.

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$TMC Insider Trading

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Siamomua Amelia Kinahoi was granted 212,934 shares, increasing direct ownership by 280% to 288,993 units (SEC Form 4)

Mcallister Kathleen S was granted 144,907 shares, increasing direct ownership by 105% to 282,450 units (SEC Form 4)

Madsbjerg Christian was granted 212,934 shares, increasing direct ownership by 280% to 288,993 units (SEC Form 4)

$TMC Press Releases

Fastest customizable press release news feed in the world

World First: TMC and PAMCO Achieve Breakthrough in Commercial-Scale Processing of Polymetallic Nodules, Successfully Producing Calcine

The Metals Company Provides Second Quarter 2024 Corporate Update

The Metals Company Announces Second Quarter 2024 Corporate Update Conference Call for Wednesday, August 14, 2024

$TMC SEC Filings

TMC the metals company Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Financial Statements and Exhibits

TMC the metals company Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Financial Statements and Exhibits

TMC the metals company Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Financial Statements and Exhibits

$TMC Leadership Updates

Live Leadership Updates

The Metals Company Welcomes Prominent Sustainability Strategist Brendan May to its Board of Directors

Steve Jurvetson, a Renowned Silicon Valley Investor, Joins TMC's Board of Directors as Vice Chairman and Special Advisor to the CEO

The Metals Company Hires Bechtel Veteran Grant Lindner as Project Director to Advance its NORI-D Project, as CDO Anthony O'Sullivan Prepares to Step Down

$TMC Analyst Ratings

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Cantor Fitzgerald initiated coverage on The Metals Company with a new price target

Wedbush initiated coverage on TMC The Metals with a new price target

Piper Sandler initiated coverage on The Metals Company with a new price target

$TMC Large Ownership Changes

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SEC Form SC 13D/A filed by TMC the metals company Inc. (Amendment)

SEC Form SC 13D/A filed by TMC the metals company Inc. (Amendment)

SEC Form SC 13D/A filed by TMC the metals company Inc. (Amendment)

$TMC Financials

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The Metals Company Announces Second Quarter 2024 Corporate Update Conference Call for Wednesday, August 14, 2024

The Metals Company Announces First Quarter 2024 Corporate Update Conference Call for Monday, May 13, 2024

The Metals Company Fourth Quarter and Full Year 2023 Corporate Update Conference Call for Monday, March 25, 2024

$TMC Market Insights

Live Market Insights

EXCLUSIVE: Impossible Metals CEO Says Presale Agreements 'Quite Attractive' For Funding Deep-Sea Projects Vs. IPO

TMC And SGS Produce Cobalt Sulfate From Deep-Seafloor Polymetallic Nodules

TMC The Metals Company Inc. Announces Conclusion Of SEC Investigation; No Enforcement Action Recommended Against Company Or Officers Regarding 2020 Acquisition Of Tonga Offshore Mining Limited And 2021 Business Combination With Sustainable Opportunities Acquisition Corp.

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$TMC
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