TMC shares soar as NOAA backs seabed mining plan
Geopolitics · Mining.com ·
The Metals Company (TMC) shares jumped after NOAA ruled its deep-seabed mining application fully compliant, advancing the project in the Pacific Ocean's Clarion Clipperton Zone toward a potential final permit by early 2027. The application covers 65,000 sq km containing an estimated 619 million tonnes of polymetallic nodules rich in nickel, cobalt, copper and manganese.