【SMM Flash News】TMC Reports 2025 Net Loss Widening Amid Deep-Sea Mining Hub Expansion

Published: Mar 31, 2026 23:10

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The Metals Company (Nasdaq: TMC) reported a widened annual net loss of $319.8 million for 2025, driven by increased royalty liabilities and administrative costs. Despite the financial results, CEO Gerard Barron expressed confidence in the company's pathway to production, citing strengthened U.S. policy support and progress on a domestic polymetallic nodule processing hub. TMC ended 2026 Q1 with a projected liquidity of $154 million, as it continues to advance feasibility studies and regulatory permitting for its deep-sea mining projects in the Pacific Ocean.

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