About TMC the metals company Inc. - Common Stock (TMC)
TMC The Metals Company is engaged in the exploration and development of polymetallic seabed resources to provide sustainable minerals for the global transition to a low-carbon economy. The company focuses on harvesting essential metals like nickel, cobalt, and copper from the ocean floor, which are critical components for batteries and renewable energy technologies. TMC aims to create a new supply chain for these metals through responsible and environmentally conscious practices, positioning itself as a provider of alternative sources to traditional land mining operations. By leveraging advanced technology and innovative approaches, the company seeks to meet the growing demand for these vital resources while minimizing ecological impacts. Read More
The Metals Company shares are trading higher Monday on continued strength after China's Commerce Ministry announced that foreign suppliers must obtain approval to export certain products containing rare earth materials.
Shares of The Metals Company are rising Thursday afternoon, hitting a new 52-week high as investors flock to domestic rare earth and battery metal stocks.
On Tuesday, major U.S. indices closed lower, with the Dow Jones Industrial Average slipping 0.2% to 46,602.98, the S&P 500 falling nearly 0.4% to 6,714.59.
