secwatch.observer — SEC 8-K summary
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Issuer:     TMC the metals Co Inc. (TMC)
CIK:        0001798562
Form:       8-K
Filed at:   2025-04-29T23:59:59+00:00
Accession:  0001104659-25-040742
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TMC USA files for commercial recovery permit and exploration licenses under U.S. seabed mining code
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- Applications submitted to NOAA pursuant to Deep Seabed Hard Mineral Resources Act following April 2025 Executive Order.
- Commercial recovery permit area (TMC USA-A_2) covers 25,160 km² in Clarion-Clipperton Zone with indicated and measured resources.
- Exploration license applications (TMC USA-A and USA-B) total 199,895 km² with SK-1300 resources of 1,635M wet tonnes of nodules.
- Estimated contained metals: 15.5M tonnes nickel, 12.8M tonnes copper, 2.0M tonnes cobalt, 345M tonnes manganese.
- NOAA to determine application compliance within 30-60 days, then proceed with full environmental and technical review.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1798562/000110465925040742/0001104659-25-040742-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1798562/000110465925040742/tm2513414d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-040742

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