TMC’s core battery technology converts seafloor polymetallic nodules into battery-grade materials—nickel sulfate for energy density, cobalt sulfate for cathode stability, copper for electrical components, and manganese for cathode chemistry and steel production—using a simplified metallurgical process that generates zero solid waste and meets strict EV manufacturer specifications, with emphasis on nickel-rich cathode chemistries.
Battery-grade nickel sulfate, cobalt sulfate, copper metal, and manganese produced from polymetallic nodules via an efficient, low-waste processing method, tailored to electric vehicle and energy storage applications with high purity and specification compliance.
In 2024, TMC’s NORI subsidiary submitted an exploitation contract application to the International Seabed Authority (scheduled 2025), and launched a pre-feasibility study for a commercial nodule processing plant in India.
The Metals Company is backed by 93 institutional investors, including First Manhattan Co, Baird Financial Group, Susquehanna International Group, Bank of Montreal, Toroso Investments and Geode Capital Management.
