$TMC

The Metals Company (TMC) stock has fallen 73% in 2026. Analysts at Stifel initiated coverage with a buy rating and a $10 price target, implying significant upside from its current $2.65 share price. The company faces regulatory hurdles, including NOAA certification and potential challenges from the International Seabed Authority, before it can begin commercial seabed mining operations.

U.S. companies have applied for or received deep-sea mining rights in international waters, rivaling the International Seabed Authority's (ISA) designated areas. NOAA has issued licenses under the 1980 Deep Seabed Hard Mineral Resources Act, despite concerns from experts about legal and environmental implications. The Metals Company (TMC) and others have applied for exploration and commercial recovery permits, raising questions about multilateral ocean governance.

TMC the metals company Inc. (TMC) appointed Liam Mallon, former ExxonMobil President, to its Board of Directors. Mallon will lead the Sustainability and Innovation Committee. TMC aims to commercialize deep seabed minerals, with key milestones including NOAA permitting and trial operations. Analysts project revenue of $450.3M and earnings of $93.8M by 2029, but the company currently has no revenue and a loss of $295.5M.

The Metals Company (TMC) shares rose 9.2% after appointing Liam Mallon, a former ExxonMobil executive, to its board. CEO Gerard Barron highlighted Mallon's experience in offshore projects and capital investment. Investors are cautioned about risks despite the positive news.

TMC the metals Co Inc. (TMC) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Exhibit 99.1 TMC Announces Appointment of Liam Mallon, Former President of ExxonMobil Upstream, to its Board of Directors · Liam Mallon, former President of ExxonMobil Upstream Company, brings over 40 years of global energy and offshore operating experience, including leadership

The Metals Company Inc. (TMC) appointed Liam Mallon, former ExxonMobil Upstream President, to its Board of Directors. Mallon brings 40 years of global energy and offshore experience. TMC is preparing for commercial deep seabed mineral operations. NOAA is reviewing TMC's applications for exploration and recovery permits. TMC aims to advance U.S. mineral independence.

The Metals Company (TMC) CEO Gerard Barron defended deep-sea mining, calling it 'picking up rocks' and dismissing moratorium calls as 'virtue signaling.' Greenpeace and Jane Fonda criticized TMC's environmental impact and lack of proof for its claims. TMC seeks U.S. approval to mine in the Pacific, but no permit has been issued. Forty-six countries support a ban or moratorium.

Critical Metals (CRML) shares rose over 30% to $9.60, while TMC and USA Rare Earth (USAR) also gained after a U.S.-Denmark-Greenland security agreement boosted interest in Greenland's critical minerals. The rally is driven by strategic expectations, not immediate project changes. Key technical levels are $9.60 for CRML, $4 for TMC, and $17 for USAR.

US rare-earth mining stocks rose on Monday, with Critical Metals up 37%, following a US-Denmark agreement on Greenland. The deal is seen as a step toward reducing US dependence on Chinese rare-earth supplies, aligning with Trump's focus on securing domestic supply chains. Key movers include USA Rare Earth, MP Materials, TMC The Metals Company, and Ramaco Resources.

The Trump administration is nearing approval for deep-sea mining permits, according to Interior Secretary Doug Burgum. Permits could be issued within months, aiming to secure critical minerals for U.S. supply chains. Environmentalists express concerns over potential biodiversity loss. The Metals Company and Impossible Metals have applied for permits. U.S. access to critical minerals, often processed by Chinese companies, has decreased, increasing pressure to boost domestic mining.