TMC Metals (TMC) Advances with NOAA Exploration License Application

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Mar 27, 2025

TMC the metals company (TMC, Financial) saw a 4.7% increase in post-market trading after announcing a significant step forward in its operations. The company has begun the process with the National Oceanic and Atmospheric Administration (NOAA) to seek exploration licenses and commercial recovery permits. TMC has requested a pre-application consultation, expressing confidence in the U.S. regulatory framework as predictable and enforceable. The company plans to submit its applications in the second quarter, highlighting the strategic importance of deep-sea minerals for American supply chains.

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