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NOAA Publishes TMC USA’s Consolidated Application for an Exploration License and Commercial Recovery Permit for TMC USA-A in the Federal Register

Globe Newswire•19/08/2026•10:25 ET
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* Publication provides public notice of TMC USA’s consolidated exploration and commercial recovery application for TMC USA-A * Submitted earlier this year, the consolidated application covers areas previously applied for in April 2025 and increases the proposed commercial recovery area from ~25,000 to ~65,000 km(2), with an estimated resource of 619 million tonnes (“Mt”) of wet nodules and potential exploration upside of an additional 200 Mt * NOAA’s updated regulatory framework allows applicants with sufficient exploration data and expertise to submit a consolidated application for both an exploration license and commercial recovery permit, supporting a more efficient permitting timeline NEW YORK, Aug. 19, 2026 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC”, “The Metals Company” or the “Company”), a leading developer of the world’s largest resource of critical metals essential to energy, defense, manufacturing and infrastructure, today announced that the National Oceanic and Atmospheric Administration (“NOAA”) published in the Federal Register the consolidated application submitted by the Company’s subsidiary, The Metals Company USA LLC (“TMC USA”), for an exploration license and commercial recovery permit for TMC USA-A under the Deep Seabed Hard Mineral Resources Act (“DSHMRA”) and its implementing regulations.

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