regulatory
confidence high
sentiment positive
materiality 0.75
TMC's TMC USA-A consolidated application published in Federal Register; NOAA review advances
TMC the metals Co Inc.
- NOAA published TMC USA's consolidated application for exploration license and commercial recovery permit on Aug 19, 2026.
- Application covers ~65,000 km² with ~619 Mt wet nodule resource and potential 200 Mt upside.
- Publication follows NOAA's full compliance determination on Apr 28, 2026; starts public comment period before certification.
- USA-B application also progressing: Notice of Intent for EIS published Aug 17, covering ~122,000 km² and 1.02 billion tonnes.
- Next steps: NOAA certification, environmental review/draft EIS, final decision on license and permit.