secwatch.observer — SEC 8-K summary
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Issuer:     TMC the metals Co Inc. (TMC)
CIK:        0001798562
Form:       8-K
Filed at:   2025-03-27T23:59:59+00:00
Accession:  0001104659-25-028770
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TMC initiates U.S. seabed mining permit process under DSHMRA; expects Q2 2025 application
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- Subsidiary TMC USA formally requests pre-application consultation with NOAA for exploration licenses and commercial recovery permits under 1980 Deep Seabed Hard Mineral Resources Act.
- Company believes U.S. regulatory code offers greatest probability of timely commercial recovery permit, citing ISA's delay in adopting exploitation regulations.
- Applications expected to be submitted to NOAA in Q2 2025; TMC has invested over $500M in nodule resource and environmental data.
- Company has met with White House and Congressional officials; sees growing U.S. interest in deep-sea minerals for supply chain security.
- TMC remains committed to following paths that best serve all stakeholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1798562/000110465925028770/0001104659-25-028770-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1798562/000110465925028770/tm2510631d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-028770

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