TMC's Regulatory Milestones in U.S. Waters
Key Questions
What has NOAA certified regarding TMC's exploration license?
NOAA has certified TMC's USA B exploration license application, initiating an Environmental Impact Statement (EIS) for 1.02 billion tonnes of nodules. A second license was also approved.
What is TMC's expected timeline for commercial recovery and commissioning?
TMC is on track for a commercial recovery permit by Q1 2027 and commissioning by Q4 2027.
Who is covering TMC's pre-production costs?
Allseas is covering the pre-production costs for TMC's operations.
NOAA has certified TMC's USA B exploration license, initiating an EIS for 1.02B tonnes of nodules. A second license was also approved. TMC is on track for a commercial recovery permit by Q1 2027 and commissioning by Q4 2027, with Allseas covering pre-production costs.
Sources (1)
Updated Jun 3, 2026