NEW YORK, May 06, 2024 (GLOBE NEWSWIRE) -- The Metals Company (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it will host a conference call on Monday, May 13, 2024, to provide an update on first quarter financial results and recent corporate developments.
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- NEW YORK, May 06, 2024 (GLOBE NEWSWIRE) -- The Metals Company (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it will host a conference call on Monday, May 13, 2024, to provide an update on first quarter financial results and recent corporate developments.
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Nickel The sulfate was generated during bench-scale testing of its hydrometallurgical flowsheet design in partnership with SGS Canada Inc., at their Lakefield, Ontario facility.
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- The sulfate was generated during bench-scale testing of its hydrometallurgical flowsheet design in partnership with SGS Canada Inc., at their Lakefield, Ontario facility.
- Undertaken on samples of nickel-cobalt-copper matte produced by TMC in 2021, the Extractive Metallurgy team at SGS tested TMC’s efficient flowsheet to process high-grade nickel matte directly to nickel sulfate without making nickel metal, while producing fertilizer byproducts instead of solid waste or tailings.
- Following the successful nickel sulfate production, SGS continues testing to produce what TMC believes will be the world’s first cobalt sulfate from polymetallic nodules.
- This work was executed in close collaboration with SGS and other industry leaders to demonstrate the ability to refine nodules to high value products.
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Wednesday, April 10, 2024
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Renewable energy For over 25 years, Mr. Jurvetson has been known for his early-stage venture investments in some of the world’s most impactful technology companies.
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- For over 25 years, Mr. Jurvetson has been known for his early-stage venture investments in some of the world’s most impactful technology companies.
- Gerard Barron, Chairman and CEO of TMC, stated: “Steve Jurvetson is not just a legendary investor but a visionary with wide and deep-ranging curiosity.
- With the increasing volume of scientific data at our disposal, it is imperative that we elevate the discourse on deep-seafloor metals.
- I look forward to working with TMC to execute its forward-looking mission and maximize value to shareholders and stakeholders.”
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Tuesday, December 12, 2023
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Renewable energy In a letter to Secretary of Defense Lloyd Austin III and the Pentagon, thirty-one Members of Congress urged the Department of Defense to “explore every avenue to strengthen our rare earth and critical mineral supply chains”, emphasizing “the importance of evaluating and planning for seabed mining as a new vector of competition...”.
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- In a letter to Secretary of Defense Lloyd Austin III and the Pentagon, thirty-one Members of Congress urged the Department of Defense to “explore every avenue to strengthen our rare earth and critical mineral supply chains”, emphasizing “the importance of evaluating and planning for seabed mining as a new vector of competition...”.
- The news comes as American and allied auto and battery makers struggle to secure supplies of critical battery metals that comply with guidelines for incentives under the Inflation Reduction Act.
- In their letter to U.S. Secretary of Defense Lloyd Austin, dated December 7, 2023, Members of Congress — including Representatives Robert Wittman (R-VA) and Elise Stefanik (R-NY) — highlight the strategic importance of polymetallic nodules, particularly in light of China's accelerating investment in the seafloor mineral space.
- In a letter to the Assistant Secretary of Defense for Industrial Base Policy, Laura D. Taylor-Kale, the Members wrote: “The applicant seems to have the ability to produce battery-grade materials at commercial facilities in North America at pilot scale.
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Thursday, October 19, 2023
Pursuant to the Registered Offering, TMC agreed to sell and issue common shares of the Company, without par value (the “Common Shares”), and accompanying Class A warrants (the “Class A Warrants”) at an exercise price per share of $3.00.
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- Pursuant to the Registered Offering, TMC agreed to sell and issue common shares of the Company, without par value (the “Common Shares”), and accompanying Class A warrants (the “Class A Warrants”) at an exercise price per share of $3.00.
- Each Common Share and the accompanying Class A Warrant to purchase 0.5 of a Common Share were sold at a price of $2.00.
- The Registered Offering was made only by means of a written prospectus and prospectus supplement that form a part of the registration statement.
- A prospectus supplement dated August 14, 2023 relating to and describing the terms of the offering was filed with the SEC and is available on the SEC’s website at www.sec.gov.
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Whaling “It is now a question of when — rather than if — commercial-scale nodule collection will begin,” said TMC Chairman and CEO Gerard Barron.
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- “It is now a question of when — rather than if — commercial-scale nodule collection will begin,” said TMC Chairman and CEO Gerard Barron.
- Last Friday’s consensus decision that included Member States who have called for a precautionary pause is a hard-won compromise that reduces this uncertainty.
- We are obviously disappointed that the ISA failed to adopt RRPs by 9 July 2023 as we hoped two years ago.
- NORI will continue to work tirelessly to complete a comprehensive, science-driven environmental and social impact assessment (ESIA) of the highest quality.
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Each stock is evaluated based on short-term technical, long-term technical and fundamental factors.
Key Points:
- Each stock is evaluated based on short-term technical, long-term technical and fundamental factors.
- Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
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