Reported 2 days ago
The Metals Company aims to harvest metal-rich nodules from the Pacific's Clarion-Clipperton Zone to supply the growing demand for rare-earth metals crucial for technologies like EVs and renewable energy. However, the company faces significant regulatory hurdles and has yet to generate any revenue, making it a high-risk investment. While its potential is massive, achieving $1 million from today's share price would require an extraordinary return, which is unlikely in the current market landscape.
Source: YAHOO