regulatory
confidence high
sentiment positive
materiality 0.55
NOAA certifies TMC USA's exploration license for USA B; 1.02B tonne nodule resource
TMC the metals Co Inc.
- NOAA formally certified TMC's USA B exploration license application under Deep Seabed Hard Mineral Resources Act.
- USA B area covers ~122,000 km² with estimated 1.02 billion tonnes of polymetallic nodules containing nickel, cobalt, copper, manganese, and rare earths.
- NOAA will now prepare an Environmental Impact Statement (EIS) for planned exploration activities in USA B.
- Prior USA A consolidated application (exploration + commercial recovery) was determined fully compliant by NOAA on April 28, 2026.
- CEO Gerard Barron called it a key milestone in the transparent, rules-based regulatory process.