TMC says NOAA expects mid-December 2026 decision on seabed mining permit certification

TMC the metals Co Inc.

TMC USA received a Nov. 3, 2026 letter from NOAA stating it expects to give its final determination on certification by mid-December 2026.
The consolidated application covers an exploration license and a commercial recovery permit under the Deep Seabed Hard Mineral Resources Act (DSHMRA).
TMC cautions DSHMRA sets no mandatory deadline for NOAA and that certification is an intermediate step, not approval or issuance of any license or permit.
No financial terms, capital commitments or expected timing beyond the NOAA estimate were disclosed; CFO Craig Shesky signed the report.

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