TMC

Tmc the Metals Co Inc.

A Canadian deep-sea mining company that harvests potato-sized rocks called polymetallic nodules from the ocean floor, collecting the nickel, cobalt, copper, and manganese inside them for use in batteries and electronics. It holds exploration rights in the Clarion-Clipperton Zone of the Pacific Ocean, in partnership with Pacific island nations like Nauru. Founded in 2011 as DeepGreen Metals, it became The Metals Company in 2021 after a merger with a special-purpose acquisition company. Its target nodules form over millions of years around a tiny core, like a shell fragment or volcanic ash.