👉 The Metals Company is focused on deep-sea mining and extracting valuable polymetallic nodules from the Clarion Clipperton Zone.
👉 The company has chosen a U.S.-based regulatory route for mining permits.
👉 The Trump administration has been vocal in its support for deep-sea mining initiatives.
👉 The company has raised $37 million in gross proceeds through a registered direct offering.
👉 The company is pre-revenue and does not anticipate earning significant revenues until it receives an exploitation contract or commercial recovery permit.