TMC The Metals Company Is Poised to Surge: 2 Catalysts That Could Drive Gains Over the Next Year

TMC The Metals Company, a speculative deep-sea mining firm, could see significant gains if two catalysts materialize: further regulatory approvals for ocean mineral extraction operations and increased U.S. government support to reduce China's dominance in critical minerals. Despite being a pre-revenue, money-losing company down 47% since its 2020 IPO, the NOAA's recent approval of a Pacific Ocean exploration project demonstrates progress. Success depends on the company proving it can execute on its deep-sea nodule extraction technology.