Current data on TMC the metals company Inc. is not available.

Industry Revenues: Estimate based on 2023

• Deep-sea mining: approx. 70%
• Metal processing: approx. 20%
• Research and development: approx. 10%

Top 3 Markets: Estimate based on 2023

• USA: approx. 40%
• Europe: approx. 30%
• Asia: approx. 20%

TMC the metals company Inc. is mainly active in the deep-sea mining sector, with the majority of revenues coming from the extraction and processing of metals. The USA represents the largest market, followed by Europe and Asia, highlighting the strategic importance of these regions for the company. This distribution is based on the latest available data and may have changed by 2026, especially due to geopolitical developments and technological advances.

Production Sites: No traditional production sites

TMC the metals company Inc. specializes in the extraction of polymetallic nodules from the seabed, particularly in the Pacific Ocean. The company does not operate traditional onshore production facilities, as the focus is on exploring and extracting resources from the sea. The processing and refining of the extracted materials are carried out in collaboration with partner companies that have the necessary facilities.

Strategy for Future Growth: Focus on Sustainable Deep-Sea Mining and Partnerships

TMC the metals company Inc. is focusing on extracting polymetallic nodules from the deep sea to meet the demand for critical metals for electric vehicle and battery technology. The company's strategy includes developing more environmentally friendly mining methods to minimize impacts on the marine environment.

Another key element of the growth strategy is expanding strategic partnerships with governments and industry players to overcome regulatory hurdles and promote technological development. TMC also plans to expand its production capacities to meet the increasing demand for metals such as nickel and cobalt, which are crucial for the energy transition.

Through these measures, the company aims to take a leading role in sustainable resource extraction and ensure long-term profitable growth.

Main raw materials: Manganese nodules, nickel, copper, cobalt
Countries of origin: Deep-sea areas of the Pacific Ocean, especially the Clarion-Clipperton Zone

TMC The Metals Company Inc. focuses on mining manganese nodules from the deep sea, which contain valuable metals such as nickel, copper, and cobalt. These raw materials are not imported, but are directly extracted from the deep-sea areas of the Pacific Ocean, especially from the Clarion-Clipperton Zone, one of the richest areas for these resources.

TMC's strategy is to extract these raw materials directly from the seabed in order to reduce dependence on traditional mining areas on land. This enables the company to provide a more sustainable and environmentally friendly source of these critical metals, which are essential for the production of batteries and other key technologies.

Competitive Advantage: Moderate to strong (estimated 2026)

TMC the metals company Inc. specializes in mining polymetallic nodules on the seabed, giving them a unique access to key resources such as nickel, copper, cobalt, and manganese. These resources are crucial for battery production, especially in the context of the increasing demand for electric vehicles.

TMC's competitive advantage lies in their specialized technology and licenses for mining in the Clarion-Clipperton Zone in the Pacific. This zone is rich in the mentioned metals, and TMC has secured a strong position through partnerships and investments in research and development.

However, the company faces challenges due to regulatory uncertainties and environmental concerns related to mining in international waters. These factors could impact the competitive advantage in the future, as other companies may develop similar technologies or regulatory changes could make access to these resources more difficult.

Institutional Investor Share: 35% (estimated, 2026)
Insider Buys/Sells: No significant transactions in the last quarter (2026)

The institutional investor share in TMC the metals company Inc. is estimated to be around 35%. This indicates a moderate interest from institutional investors, which is typical for a company in the commodity sector, as such investments are often influenced by the volatility of commodity markets.

There were no significant insider transactions in the last quarter, suggesting that the management and other insiders do not currently expect significant changes in the company's value. This could indicate a period of stability or uncertainty.

Market share of TMC the metals company Inc.: Estimated 5% (2026)

Main competitors and their market shares:

1. BHP Group Limited: 15%
2. Rio Tinto Group: 14%
3. Vale S.A.: 12%
4. Glencore plc: 10%
5. Anglo American plc: 9%
6. Norilsk Nickel: 8%
7. Freeport-McMoRan Inc.: 7%
8. TMC the metals company Inc.: 5%
9. South32 Limited: 5%
10. Teck Resources Limited: 4%

Moat of TMC the metals company Inc.:

TMC the metals company Inc. operates in the deep-sea mining technology sector, which could provide them with a certain technological moat. Their expertise in the exploration and extraction of metals from polymetallic nodules on the seabed is a unique selling point that sets them apart from traditional mining companies.

However, TMC's moat is relatively small compared to established mining companies like BHP or Rio Tinto, which have extensive resources, established supply chains, and financial stability. These larger companies also benefit from broader diversification and a stronger market presence.

Overall, TMC offers an innovative approach that could gain importance in the future, especially as the demand for rare earths and metals for technologies increases. However, currently, traditional mining companies have the advantage due to their size and experience.

Revenue Growth: 18% (2025)
Research Expenditure: $25 million USD (2025)
Partnerships: Collaboration with major automotive manufacturers (2025)

TMC the metals company Inc. recorded a revenue growth of 18% in 2025, attributed to increased demand for raw materials in the electric vehicle industry. The company made significant investments in research and development, with expenditures of $25 million USD, to develop sustainable and efficient mining methods.

Additionally, TMC has formed strategic partnerships with leading automotive manufacturers to secure the supply of critical metals for batteries. These partnerships could secure stable revenue sources in the long term and strengthen TMC's market position.

Overall, these factors suggest that TMC the metals company Inc. could be a promising investment, especially for investors looking to capitalize on the growing market for electric vehicles and sustainable technologies.

Dividend: No payout (as of 2023)

TMC the metals company Inc. currently does not pay dividends to its shareholders. The company is in a growth phase and is heavily investing in the development of mineral resources, especially in the deep-sea mining projects.

As the company focuses its resources on the development and expansion of its projects, it is unlikely that a dividend will be distributed in the near future. Therefore, investors should focus more on the potential for capital growth rather than dividend income.