Every 8-K that TMC the metals company Inc. (TMC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow TMC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TMC filings page.
TMC the metals company Inc. (TMC) reported that the U.S. National Oceanic and Atmospheric Administration (NOAA) has published in the Federal Register a consolidated application by its subsidiary, The Metals Company USA LLC, for an exploration license and commercial recovery permit for polymetallic nodules in the TMC USA-A area under the Deep Seabed Hard Mineral Resources Act (DSHMRA).
The USA-A application covers approximately 65,000 km2 in the Clarion-Clipperton Zone with an estimated 619 million tonnes of wet nodules and potential exploration upside of an additional 200 million tonnes. NOAA previously determined the application was in full compliance on April 28, 2026, and publication starts the public comment process before further regulatory steps.
TMC USA is also advancing a separate USA-B exploration license application covering about 122,000 km2 with an estimated 1.02 billion tonnes of polymetallic nodules. NOAA has issued a Notice of Intent to prepare an Environmental Impact Statement for USA-B, and both applications remain subject to ongoing environmental review and final NOAA determinations.
TMC the metals company Inc. reports that the U.S. National Oceanic and Atmospheric Administration (NOAA) has published a Notice of Intent to prepare an Environmental Impact Statement (EIS) for the USA-B exploration license application submitted by its subsidiary, TMC USA, under the Deep Seabed Hard Mineral Resources Act. The USA-B area in the Clarion Clipperton Zone covers about 122,000 km2 of seafloor and hosts an estimated 1.02 billion tonnes of polymetallic nodules containing nickel, cobalt, copper, manganese and rare earth elements, based on TMC’s 2025 technical report. NOAA’s action is described as a key step in a transparent regulatory review that will include a draft EIS and draft terms, conditions and restrictions, a public comment period, and a final decision on whether to issue the exploration license.
TMC the metals company Inc. reported second quarter 2026 results and a broad regulatory and project update. For the quarter ended June 30, 2026, the company recorded a net loss of $60.1 million, or $0.14 per share, improving from a $74.3 million loss a year earlier. Exploration and evaluation expenses rose sharply to $56.1 million from $10.5 million, driven by a $37.2 million settlement of initial and negotiated costs owed to Allseas and higher share-based compensation and prefeasibility study spending. General and administrative expenses increased to $15.6 million from $11.5 million. At June 30, 2026, TMC held $98.7 million in cash, reported no financial debt, and stated it believes this liquidity will cover working capital and capex needs for at least the next twelve months.
Regulatory milestones included NOAA determining TMC USA’s consolidated USA-A deep-seabed mining application is in full compliance and formally certifying the USA-B exploration license application. The USA-A area covers about 65,000 km² with an estimated 619 million tonnes of polymetallic nodules plus potential upside, while USA-B spans about 122,000 km² with an estimated 1.02 billion tonnes. Internationally, the Seabed Disputes Chamber of ITLOS ordered provisional measures protecting the due process rights of TMC subsidiaries NORI and TOML, and the ISA Council approved a five-year extension of NORI’s exploration contract.
On the project side, TMC and Allseas signed a commercial agreement for the first offshore nodule recovery system, targeting commissioning in Q4 2027 with a nameplate capacity of 3.0 million wet tonnes of nodules per year, subject to approvals. TMC USA entered a Master Services Agreement with Mariana Minerals for phased concept and design work at the Port of Brownsville, Texas, and TMC signed an exclusive offshore survey and exploration services agreement with Eco Minerals. TMC highlighted its equity stake of 22.4% in The Metals Royalty Co., which holds a 2.0% gross overriding royalty on the NORI area, alongside an option to repurchase up to 75% of that royalty.
TMC The Metals Company Inc. reported the results of its annual shareholder meeting held on May 28, 2026. Shareholders representing 213,376,047 of 433,188,187 common shares, or 49.3% of eligible shares, were present, establishing a quorum.
Shareholders set the board size at ten directors and elected all ten nominated directors to serve until the 2027 annual meeting. They also approved the appointment of Ernst & Young LLP as independent registered public accounting firm for the 2026 fiscal year.
On a non-binding basis, shareholders approved the compensation of the company’s named executive officers and chose to hold future advisory votes on executive pay every two years. The next advisory “say-on-pay” vote is planned for the 2028 annual meeting.
TMC the metals company Inc. reported that the U.S. National Oceanic and Atmospheric Administration (NOAA) has formally certified the USA B exploration license application submitted by its U.S. subsidiary, The Metals Company USA LLC, under the Deep Seabed Hard Mineral Resources Act.
The USA B area covers about 122,000 km² of seafloor and is estimated to host 1.02 billion tonnes of polymetallic nodules based on a Technical Report Summary published in August 2025. TMC is also advancing a consolidated exploration license and commercial recovery permit application for the USA A area, which NOAA determined to be fully compliant on April 28, 2026, positioning the company for further progress in U.S.-regulated deep-sea nodule exploration.
TMC the metals company Inc. reported first quarter 2026 results alongside major regulatory and commercial milestones. At March 31, 2026, the company held cash of about $119.7 million and no financial debt, and recorded a net loss of $20.6 million, or $0.05 per share.
Operating expenses increased as exploration and evaluation costs reached $13.3 million and general and administrative expenses rose to $20.7 million. TMC signed a commercial production agreement with Allseas for the first polymetallic nodule collection system, targeted for commissioning in Q4 2027, and NOAA determined its consolidated U.S. application is in full compliance under DSHMRA, a key step toward a potential commercial recovery permit by Q1 2027.
TMC The Metals Company Inc. reported that the National Oceanic and Atmospheric Administration (NOAA) has determined the consolidated application submitted by its subsidiary, TMC USA, for an exploration license and commercial recovery permit under the Deep Seabed Hard Mineral Resources Act is in full compliance with the Act and its regulations. The consolidated application covers a ~65,000 km2 area for polymetallic nodules in the Clarion Clipperton Zone, compared with a ~25,000 km2 commercial recovery area in TMC USA’s April 2025 application. The company describes this as a key regulatory milestone in its plan to pursue commercial recovery of seafloor polymetallic nodules under the U.S. regime.
TMC the metals company Inc. reported fourth quarter and full year 2025 results alongside major permitting and strategic updates. The company ended December 31, 2025 with cash of $117.6 million and cites total liquidity of $162 million, expecting around $154 million at March 31, 2026.
TMC posted a net loss of $40.4 million ( $0.08 per share) for Q4 2025, versus a loss of $16.1 million ( $0.04 per share) a year earlier. For full year 2025, net loss widened to $319.8 million ( $0.83 per share) from $81.9 million ( $0.25 per share) in 2024, driven by a $131 million increase in NORI royalty liability and a non‑recurring $38 million warrant charge.
General and administrative expenses rose sharply to $99.8 million in 2025 from $30.6 million, largely due to accelerated share‑based compensation. At year‑end, total equity was a deficit of $33.4 million. Strategically, TMC advanced a U.S. permitting path with NOAA’s “substantial compliance” determination on its consolidated deep‑seabed mining application, secured exclusive lease‑option rights for a potential processing hub in Brownsville, Texas, and entered a strategic partnership with Mariana Minerals. TMC also highlighted expected 2026 Nasdaq trading of The Metals Royalty Co., in which it holds an equity stake and royalty repurchase rights.
TMC the metals company Inc. reported that the U.S. National Oceanic and Atmospheric Administration (NOAA) has determined the consolidated application filed by its subsidiary, TMC USA, for an exploration license and commercial recovery permit under the Deep Seabed Hard Mineral Resources Act is in substantial compliance with U.S. regulations.
The application, the first submitted under NOAA’s new consolidated process, covers about 65,000 km2 of polymetallic nodule areas in the Clarion Clipperton Zone, compared with 25,000 km2 in TMC USA’s initial 2025 commercial recovery permit bid. TMC noted this process is intended to streamline review by using exploration-phase data, and that public comment periods for related exploration license applications TMC USA A and B have been completed.
TMC The Metals Company Inc. reported that its wholly owned subsidiary, The Metals Company USA, LLC, has submitted a consolidated application to the U.S. National Oceanic and Atmospheric Administration (NOAA). The application seeks both an exploration license and a commercial recovery permit for polymetallic nodules in international waters of the Clarion Clipperton Zone in the Pacific Ocean.
The company notes that this was filed under NOAA’s new consolidated application and review process and represents the first submission of its kind. Details of the application and related forward-looking statements are described further in a press release furnished as an exhibit.
TMC the metals company Inc. reported that it has released its financial results for the third quarter ended September 30, 2025 and provided a broader business update through a press release furnished as an exhibit. The company also scheduled a conference call on November 13, 2025 at 4:30 p.m. ET to discuss these results and developments.
The information, including the press release, is being furnished rather than filed under securities laws, which limits certain legal liabilities and incorporation by reference. The company also highlights that the release contains forward-looking statements and directs readers to the cautionary note included in the press release.
TMC the metals company Inc. (TMC) filed an 8-K disclosing a revised Sponsorship Agreement between its wholly owned subsidiary Tonga Offshore Mining Ltd. (TOML) and the Kingdom of Tonga, replacing the 2021 agreement. The pact re-confirms Tonga’s backing for TOML’s exploration rights in the Clarion-Clipperton Zone and establishes updated economic terms.
Key points:
- TOML will pay Tonga a seabed-mineral recovery fee tied to nodule tonnage recovered until the agreement terminates or is breached.
- TMC executed a Deed of Guarantee & Indemnity that backstops TOML’s obligations under Tongan law, creating a direct corporate liability.
- TMC issued Tonga a warrant for 1,000,000 common shares at an initial exercise price of $5.87; the warrant vests on satisfaction of specified U.S. regulatory and commercialization milestones and expires five years from issuance.
- The obligations create a direct financial / off-balance sheet commitment reportable under Item 2.03.
- Strategy Event scheduled 4 Aug 2025 (9:00 a.m. EDT) to discuss two technical reports (S-K 1300 NORI Area D PFS; Initial Assessment of TOML & NORI properties) and other updates; an investor slide deck is furnished as Exhibit 99.1.
No financial results were reported, but the agreement clarifies future cash outflows and potential equity dilution while strengthening governmental support critical for eventual commercialization.
TMC The Metals Company Inc. (Nasdaq: TMC) filed an 8-K to disclose the publication of two Regulation S-K 1300 technical studies dated 4 Aug 2025:
- NORI Area D Technical Report Summary (TRS) – a pre-feasibility level study covering the company’s flagship polymetallic-nodule contract area.
- Initial Assessment for TOML and NORI Properties – a first-time consolidated evaluation of additional Clarion-Clipperton Zone licences.
Both reports were prepared by a mix of independent Qualified Persons from AMC Consultants, MARGIN, APYS Subsea, Canadian Engineering Associates, and Lanasera, plus senior TMC engineers. Full texts are filed as Exhibits 96.1 and 96.2; a related press release is furnished as Exhibit 99.1.
The company emphasises that the TRS is not a feasibility study and the Initial Assessment does not declare mineral reserves; inferred resources carry significant uncertainty and may never prove economic. Forward-looking statements cite dependencies on recovery methods, costs, financing and permitting.
No financial results, production decisions or capital-raising actions were announced. Investors should review the full exhibits for underlying assumptions.