TMC Stock Rises 6% Amid Anticipation of Deep-Sea Mining License Progress

Reported 1 day ago

TMC the metals company Inc. (NASDAQ:TMC) saw its stock price increase by 6.16% as investors await updates on its application to mine in international waters. Following an executive order from President Trump, the company submitted a license application to the U.S. authorities, despite some controversy regarding its origins as a Canadian firm. The U.S.'s non-membership in the International Seabed Authority allows for more flexibility in these initiatives. TMC is expected to announce its financial results in August 2025.

Source: YAHOO

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