TMC the metals Co Inc.

# TMC the metals Company Inc. (TMC)

TMC the metals company is a deep-sea minerals exploration and development company focused on the collection and processing of polymetallic nodules from the seafloor. The company operates in the Clarion Clipperton Zone of the Pacific Ocean, where it holds exploration and commercial rights to two polymetallic nodule contract areas. Its primary focus is the extraction and recovery of nickel, cobalt, copper, and manganese from these deep-sea deposits.

The company's products target end-markets dependent on these metals, particularly the electric vehicle and energy storage sectors, which require nickel and cobalt for battery production. Copper recovered from the nodules serves applications in EV wiring and electrical transmission infrastructure. Manganese is supplied for use in manganese alloy production for steel manufacturing. TMC's business model centers on the collection and processing of nodules to extract these battery metals and industrial minerals.

Based in Vancouver, British Columbia, the company operates with a workforce of 47 full-time employees. The business is organized around its deep-sea mineral extraction operations in the Pacific Ocean, representing a geographically concentrated operational footprint focused on a single resource type and processing methodology.