The Metals Company - All set for a pivotal year

The global electric vehicle transition requires significant volumes of battery materials (see Edison’s note on critical minerals) and The Metals Company’s (TMC’s) deep-sea concession is a proven resource. The key to transforming this resource into a commodity or commercial production is an exploitation licence, which requires the International Seabed Authority (ISA), the governing body, to put in place the required legislation. The meeting to enact this regulation is scheduled for July 2023.