Metals Company Gets $85 Million Boost
The Metals Company (NASDAQ:TMC) reported second quarter 2025 results on August 14, highlighting a $23.6 billion combined net present value (NPV) for its key projects, a major $85.2 million strategic investment from Korea Zinc, and a clear timeline targeting initial production by Q4 2027. The company also advanced regulatory milestones under the U.S. Deep Seabed Hard Mineral Resources Act and reinforced its board to support project execution. The following insights detail the most significant strategic, operational, and financial developments from the call.
In June 2025, Korea Zinc, the world’s largest nonferrous smelter, invested $85 million in the company, positioning itself for U.S.-derived nodule processing and potential new facilities in the U.S. This partnership aligns with recent White House meetings focused on critical mineral supply chain resilience and supports the company’s downstream ambitions.
This capital infusion not only secures funding for near-term milestones but also deepens end-market ties and aligns the company with U.S. national priorities, increasing the likelihood of future federal support and downstream development opportunities.
Source Fool.com