tradingkey.logo

TMC USA's seabed mining application advances in US review

ReutersMar 9, 2026 7:21 PM

- The U.S. ocean regulatory agency has determined that The Metals Company's TMC.O application for a deep-sea mining permit in the Pacific Ocean has met the requirements to advance in a review process, the Canadian miner said on Monday.

Separately, the International Seabed Authority opened its latest meeting in Jamaica to debate international deep-sea mining standards.

The National Oceanic and Atmospheric Administration did not immediately respond to Reuters request for comments.

Here are some key details:

  • Earlier this year, TMC USA submitted the first-ever consolidated application for an exploration license and commercial recovery permit for polymetallic nodules in the Pacific Ocean, covering approximately 65,000 km².

  • The new process allows exploration-phase data to be incorporated directly into the commercial recovery review, streamlining the regulatory timeline.

  • TMC USA's exploration license applications are progressing as expected, with public comment periods now completed.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI