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The Metals Company (TMC) used its recent shareholder briefing to reaffirm its controversial decision to apply to mine the seabed in international waters under the U.S. Deep Seabed Hard Mineral Resources Act (DSHMRA).

The Metals Company (TMC) is treading a path eerily similar to that of Nautilus Minerals, a deep-sea mining venture that ended in bankruptcy. Both companies have showcased ambitious plans, yet face significant financial and operational challenges.

The Metals Company (TMC) is facing mounting financial pressure ... Its new play? Cosying up to the U.S. government, reframing its business as a critical piece of American national security.

The Deep Sea Mining Campaign has condemned The Metals Company’s (TMC) announcement that it will seek deep-sea mining permits through the United States as a cynical, desperate attempt to stay afloat, not a credible step forward.

This is the first part of our blog series exposing TMC's financial risks.

This comprehensive report delves into the deep-sea mining risks that threaten global biodiversity and financial stability.
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Watch BLUE PERIL, a 16-minute visual investigation that presents a scientifically robust and disturbing picture of far-reaching impacts of deep sea mining for Pacific Island communities.