---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-095883"
form_type: "8-K"
ticker: "TMC"
cik: "0001798562"
company_name: "TMC the metals Co Inc."
filed_at: "2026-08-13T20:02:38+00:00"
generated_at: "2026-08-13T20:04:17.768075+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# TMC Q2 2026 net loss $60.1M; cash $98.7M; NOAA/ITLOS progress

## Summary
- Net loss $60.1M ($0.14/sh) vs $74.3M ($0.20/sh) in Q2 2025; exploration costs $56.1M incl. $37.2M Allseas settlement.
- Cash $98.7M, no debt; liquidity ~$143M; $20.1M cash used in ops incl. $9M equity withholdings.
- NOAA progressing USA-A/B permits; USA-B certified May 26, 2026; permit expected before Q4 2027 commissioning.
- ITLOS ordered ISA to respect NORI/TOML due process on Jul 18; ISA approved 5-yr NORI contract extension Jul 20.
- Signed MSA with Mariana Minerals (Jul 21) and MMSA with Eco Minerals (Jul 22); Allseas system 3.0M wet t/yr.

## SEC filing metadata
- accession: 0001104659-26-095883
- form_type: 8-K
- ticker: TMC
- cik: 0001798562
- company_name: TMC the metals Co Inc.
- filed_at: 2026-08-13T20:02:38+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1798562/000110465926095883/0001104659-26-095883-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1798562/000110465926095883/tm2623094d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-095883
- JSON: https://secwatch.observer/filing/0001104659-26-095883.json
- Plain text: https://secwatch.observer/filing/0001104659-26-095883.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.