NOAA finds TMC USA's deep-sea mining application in full compliance; permit expected by Q1 2027

TMC the metals Co Inc.

NOAA determined TMC USA's consolidated application under DSHMRA is in full compliance, following substantial compliance in March.
Application covers ~65,000 km² in CCZ with estimated 619 Mt wet nodules and potential 200 Mt additional exploration upside.
Consolidated application for both exploration license and commercial recovery permit under new NOAA process.
Permitting milestones include certification, draft EIS public comment, final EIS, and final determination by end of Q1 2027.
TMC USA submitted application earlier in 2026; initial commercial recovery area was ~25,000 km² in April 2025.

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