$TMC

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.

USA Rare Earth (USAR) completed a $2.8B acquisition of Serra Verde, expecting $1.8B EBITDA by 2030. TMC (TMC) faces regulatory delays in seabed mining. Both companies aim to benefit from U.S. critical minerals sourcing.

Oklo, NuScale Power, and TMC The Metals Company are speculative bets with varying progress. NuScale is closest to a deal, while Oklo faces delays and TMC awaits approvals. All are early-stage, money-losing ventures.

The Metals Company (TMC) stock rose 34% in August. The company reported a narrower Q2 2026 loss of $0.14 per share, down from $0.20 in 2025. CEO Gerard Barron expressed confidence in regulatory progress. Stifel initiated coverage with a $10 price target, implying 96% upside from the August 26 close of $5.01.

TMC The Metals Company (TMC) is exploring deep-sea mining to secure critical minerals, targeting 3 million wet tonnes of polymetallic nodules annually. The company awaits NOAA approval for commercial mining, projected for 2027. TMC estimates potential revenue of $369 billion and $200 billion in EBITDA over the project's life, but faces regulatory and operational challenges.

The Metals Company (TMC) reports 1.6B tonnes of resources with a $23.6B NPV in the Pacific Ocean, but trades at $2.1B. It seeks permits for extraction, faces environmental opposition, and has liquidity concerns with $143M in cash and a $20.1M quarterly burn rate.

NVIDIA's earnings boosted tech stocks, with the Nasdaq up 1.57%. Bitcoin ETFs saw $2.8B inflows, while oil rose 2.17% due to geopolitical concerns. Analysts upgraded Baozun, Element Solutions, and others, while downgrading EHang and Workday.

TMC The Metals Company (TMC) narrowed losses in Q2 but has limited cash. It's fast-tracking a U.S. mining application, which could be decided soon. Approval may boost the stock, but regulatory risks remain. TMC aims to mine polymetallic nodules for EV batteries and clean energy, but lacks revenue and faces international opposition.

MP Materials (NYSE: MP) and The Metals Company (NASDAQ: TMC) are key players in rare-earth elements. MP operates the only active rare-earth mine in North America, has a $110/kg price guarantee with the DoD, and supplies GM and Apple. TMC explores deep-sea mining but faces legal hurdles. MP is positioned to meet U.S. needs sooner.

TMC the metals (TMC) reported a narrower Q2 2026 net loss of $60.12M, improving YoY. Shares rose 20.65% in one day and 30.52% in 30 days, but are down 29.35% YTD. Analysts estimate a fair value of $11.20, above the last close of $4.79, citing potential project economics and cost advantages. Risks include securing a permit and managing cash burn.