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Four critical metals. One rock. Millions of years in the making.
Nickel, cobalt, manganese, and copper – the materials underpinning EV batteries, defense electronics, AI infrastructure, and energy grids – occur together in polymetallic nodules on the deep ocean floor.
The NORI deposit in the CCZ is ranked by Mining.com as one of the world's potentially largest undeveloped nickel-equivalent projects. All four metals appear on the US government's critical minerals list.
In January 2026, $TMC filed a consolidated exploration license and commercial recovery permit application with NOAA – the first of its kind under the US Deep Seabed Hard Mineral Resources Act. In March 2026, NOAA determined the application to be substantially compliant.
TMCR holds a 2.0% gross overriding royalty on the NORI area.
#CriticalMinerals #NORI #CCZ

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