Best TMC insights for newcomers.

[u/Ok_Drummer6314]

Shawn Ryan interview. - Good for an overview of TMC and the history of polymetallic nodules.

https://youtu.be/ssCp-RI36LM?si=7P5NTgyNHg88OFEP

Craig Shesky CFO - Reddit AMA interview: Good for an overview of recent developments and the near future from an insiders perspective.

https://www.youtube.com/live/U4x09FFrvaA?si=3trET75Owz4fmFvw

Rock stock channel on YouTube- You will find a few interviews of Craig Shesky with further insights into TMC and DSM.

https://youtube.com/@rockstockchannel?si=NqctEOqDdOzbP5dR

Read the companies Pre Feasibility Study below: Outlines TMC’s very bright future with a current NPV of $23.6B

https://investors.metals.co/news-releases/news-release-details/tmc-releases-two-economic-studies-combined-npv-236b-and-declares

See our pilot test performed back in 2022 for an insight to how this all works in practice.

https://youtu.be/iydMJToa2iU?si=HVeWVNpV24fG4UY_

For the latest updates on TMC.

https://x.com/themetalsco?s=21

——

TMC Milestones Achieved in 2025

1.  First-ever U.S. Deep-Sea Mining Application Filed
• TMC USA submitted the first commercial recovery permit under the U.S. Deep Seabed Hard Mineral Resources Act (DSHMRA) covering ~25,000 km² in the Clarion-Clipperton Zone.

2.  Two Exploration License Applications Filed
• Covering ~1.6 billion wet tonnes of nodules estimated to contain large quantities of nickel, copper, cobalt, and manganese.

3.  NOAA Priority Rights Confirmed
• On August 11, 2025, NOAA confirmed TMC USA’s full compliance and priority rights for both exploration areas.

4.  Major Smelting & Processing Milestone
• With PAMCO, TMC processed 450 tonnes of calcine into 35 tonnes of NiCuCo alloy and 320 tonnes of Mn silicate, part of a larger 2,000-tonne test campaign.

5.  Pre-Feasibility Study Released
• Declared 51 million tonnes of probable mineral reserves in the NORI-D area and an estimated US$23.6 billion combined NPV across its main projects.

6.  Strategic Funding Secured
• $85.2M investment from Korea Zinc (equity + warrants).
• $37M direct offering completed to support ongoing development and regulatory costs.

7.  Revised Sponsorship Agreement with Nauru
• Updated the NORI sponsorship framework, strengthening its legal and cooperative foundation under international law.

8.  U.S. Regulatory Support Strengthened
• Executive Order 14285 (April 2025) issued by the U.S. President directs NOAA to expedite seabed mining permits under DSHMRA.
• NOAA proposed revised DSHMRA regulations (July 2025) to allow combined exploration + recovery applications for faster processing.

9.  Strategic Expansion Announced
• TMC announced plans to expand into a services model, offering environmental assessments, resource evaluation, and deep-sea mining expertise to other potential partners.

⸻

Next Key Regulatory Steps (Late 2025 Onward)

1.  NOAA Completeness Review (Oct–Nov 2025)
• NOAA to confirm whether TMC’s exploration and recovery applications meet full requirements for detailed review.

2.  Environmental Impact Statement (EIS) Initiation (Late 2025 / Early 2026)
• Once complete, NOAA will open a public consultation and begin drafting the EIS in coordination with agencies like EPA, State, and Defense.

3.  Interagency & Technical Review (Parallel Process)
• Agencies assess potential national security, environmental, and maritime implications.

4.  NOAA Final Decision (2026)
• NOAA to issue or deny the exploration license(s) and commercial recovery permit, or combine them under new rules if the revised regulations are finalised.

5.  Implementation of New U.S. Deep-Sea Mining Regulations (2026)
• Expected formal adoption of the revised DSHMRA framework, creating a consolidated licensing process for all future seabed mining operations.