,
The Metals Company

Why Deep Sea Mineral Collection Is Critical For National Security

About this Event

TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world’s largest estimated undeveloped source of critical battery metals, today welcomed a letter from around 350 former U.S. government officials and military officers urging the U.S. Senate to re-evaluate a formal vote on ratifying the United Nations Convention of the Law of the Sea (UNCLOS) treaty.

This will allow The Metals Company (NASDAQ: TMC) to develop the Clarion Clipperton Zone of the Pacific Ocean has enough nickel, copper, cobalt, and manganese sitting on the seabed to support the electrification of 280 million EVs, equivalent to the entire U.S. passenger car fleet. All we have to do is collect rocks from the ocean floor.

The resource is in the form of polymetallic nodules, which sit unattached on top of the seafloor, so nodule collection requires no blasting, no drilling, and no digging. TMC has successfully concluded its own pilot collection trial, lifting 3,000 tons to the Hidden Gem vessel in Q4 2022. The company is ready to begin full scale harvesting operations once international regulations are finalized in 2024. Cantor Fitzgerald estimates they will achieve annual payable production of 103,000 tons of nickel, 68,000 tons of copper, and 6,000 tons of cobalt; enough to supply 1.2 MM EV batteries annually.

Watch the webinar with The Metals Company CFO, Craig Shesky, live from the Mines Conference as he updates us on the company’s progress.

Hosted by Steven Saltzstein, CEO, Force Family Office

Video On Demand

– Recorded

April 25

SHARE THIS EVENT

All statements and expressions are the sole opinion of the company and are subject to change without notice. The Company is not liable for any investment decisions by its readers or subscribers. It is strongly recommended that any purchase or sale decision be discussed with a financial advisor, or a broker-dealer, or a member of any financial regulatory bodies. The information contained herein has been provided as an information service only. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. Investors are cautioned that they may lose all or a portion of their investment in this or any other company. Information contained herein contains “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities and Exchange Act of 1934, as amended. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts and may be “forward looking statements”. Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of words such as “expects”, “will”, “anticipates”, “estimates”, “believes”, or by statements indicating certain actions “may”, “could”, “should” or “might” occur.