TMC the metals company Inc. (NASDAQ:TMC ) Q1 2025 Earnings Conference Call May 14, 2025 4:30 PM ET Company Participants Craig Shesky - CFO Gerard Barron - Chairman and CEO Conference Call Participants Matthew O'Keefe - Cantor Fitzgerald Jake Sekelsky - Alliance Global Partners Dmitry Silversteyn - Water Tower Research Operator Good day, and thank you for standing by. Welcome to the Metals Company First Quarter 2025 Corporate Update Conference Call.
NEW YORK, May 14, 2025 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), a leading explorer of the world's largest undeveloped resource of critical metals essential to energy, defense, manufacturing, and infrastructure, today provided a corporate update and first quarter results for the period ending March 31, 2025.
NEW YORK, May 12, 2025 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), a leading explorer of the world's largest undeveloped resource of critical metals essential to energy, defense, manufacturing, and infrastructure, today announced a $37 million registered direct offering through a securities purchase agreement with Michael Hess and his affiliated private investment vehicles. Brian Paes-Braga, Managing Partner at SAF Group and a long-time supporter of TMC, is participating alongside Mr. Hess in the offering. An existing strategic TMC investor is also participating in the offering.
12 May 2025 Date | | - Cons. EPS | - EPS |
24 Mar 2025 Date | | - Cons. EPS | - EPS |
7 Nov 2024 Date | | - Cons. EPS | 0.06 EPS |
12 Aug 2024 Date | | - Cons. EPS | - EPS |
30 May 2024 Date | | - Cons. EPS | - EPS |
12 May 2025 Date | | - Cons. EPS | - EPS |
24 Mar 2025 Date | | - Cons. EPS | - EPS |
7 Nov 2024 Date | | - Cons. EPS | 0.06 EPS |
12 Aug 2024 Date | | - Cons. EPS | - EPS |
30 May 2024 Date | | - Cons. EPS | - EPS |
Industrial Materials Industry | Basic Materials Sector | Mr. Gerard Barron CEO | NASDAQ (NGS) Exchange | 87261Y106 Cusip |
CA Country | 47 Employees | - Last Dividend | - Last Split | 10 Sep 2021 IPO Date |
TMC the metals company Inc. is a pioneering entity focused on the exploration of deep-sea minerals, specifically targeting the extraction, processing, and refining of polymetallic nodules. These nodules, rich in critical metals, are located on the seafloor within the Clarion Clipperton Zone (CCZ), southwest of San Diego, California. Established initially as Sustainable Opportunities Acquisition Corporation, TMC rebranded to align more closely with its core mission and area of expertise. Holding exploration and commercial rights over three significant areas within the CCZ of the Pacific Ocean, the company plays a crucial role in sourcing metals essential for the burgeoning sectors of electric vehicles (EV), renewable energy storage, and more. TMC was founded in 2019 and boasts its headquarters in Vancouver, Canada, marking its presence as a key player in the future of sustainable mining practices and the clean energy transition.
The company's groundbreaking work in retrieving polymetallic nodules from the deep sea not only opens up a new frontier for mineral exploration but also supports critical sectors such as electric vehicles, renewable energy storage markets, and clean energy transmission. Furthermore, its products are instrumental in producing manganese alloy, essential for robust steel production—an industry cornerstone.