From Deep-Sea to Wall Street: TMC Stock Resumes the Meteoric Rise Amid U.S. Support
TMC As U.S. policy changes, foreign investment, and demand for vital battery metals come together to fuel a strong rise, The Metals Company
Quick overview
- TMC The Metals Company Inc. has seen its stock surge to a 52-week high of $9.48, reflecting an 818% year-over-year gain amid favorable U.S. policies and rising demand for battery metals.
- The company's recovery was bolstered by a significant investment from Korea Zinc, which raised investor confidence and led to an upgrade from Wedbush Securities.
- Despite its growth, TMC faces challenges including a net loss in Q2 2025 and ongoing environmental concerns regarding deep-sea mining.
- The outlook remains positive due to supportive policies and strategic partnerships, but financial pressures and environmental scrutiny could impact future progress.
TMC As U.S. policy changes, foreign investment, and demand for vital battery metals come together to fuel a strong rise, The Metals Company Inc. (NASDAQ: TMC) has become one of the resource sector’s most notable performers, reaching new heights.
Reaching a 52-Week High and Beyond
TMC’s stock hit a 4 year high of $9.48, boosting its market capitalization to $3.46 billion and underscoring an extraordinary 818% year-over-year gain. This surge highlights renewed investor confidence in TMC’s growth trajectory and its role in the critical minerals space.
After a strong first half of 2025, buoyed by optimism surrounding U.S. government initiatives and rising battery metal demand, the stock experienced volatility over the summer. In July and August, shares fell by 10% each month, briefly finding a bottom at $4.30 in mid-August before rebounding sharply.
TMC Chart Weekly – The 20 SMA Turned Into Support
The recovery gained steam in September, and bullish momentum accelerated into October, with the stock surging 21% on Tuesday to $9.48 as it now sets its sights on the symbolic $10 mark.
Policy Shifts Power the Rally
The Trump administration’s direct investment in the U.S. metals sector sparked a broader rally in rare earths and battery metal stocks. Companies like MP Materials Corp., Lithium Americas Corp., and Trilogy Metals Inc. have already attracted federal backing, raising speculation that others could follow.
TMC, focused on deep-sea mining of cobalt and nickel, has been a prime beneficiary of these shifts, fueled by anticipation of U.S. government support amid escalating U.S.-China trade tensions.
Executive Orders and Regulatory Green Light
A key catalyst for the early surge in Q2 2025 came when President Trump signed an executive order fast-tracking U.S. deep-sea mining projects, enabling TMC to operate under U.S. oversight rather than waiting on the International Seabed Authority.
Optimism grew further when the National Oceanic and Atmospheric Administration (NOAA) confirmed TMC’s compliance with environmental and operational requirements. The endorsement added legitimacy to its operations and sparked heightened trading volumes.
Strategic Partnerships Drive Confidence
Investor confidence in TMC was reinforced by a significant $85.2 million investment from Korea Zinc, which secured a 5% equity stake and warrants to acquire additional shares at $7 within three years.
This partnership was widely viewed as both a strategic alliance for future supply chains and a vote of confidence in TMC’s long-term potential. Reflecting this sentiment, Wedbush Securities raised its price target from $6 to $11 and upgraded the stock to “Outperform”, citing a more favorable policy climate and accelerating commercialization timelines.
Environmental Challenges and Financial Hurdles
Despite its soaring valuation and supportive policies, TMC faces significant challenges. The company’s Q2 2025 earnings report showed a net loss of –$0.20 per share, sharply missing analyst expectations of –$0.05. The wider-than-expected loss underscored the company’s ongoing financial strain during its growth phase.
Additionally, environmental concerns over deep-sea mining remain a persistent headwind. Marine scientists and environmental groups have warned of potentially irreversible harm to ocean ecosystems, sparking regulatory and ethical debates that could hinder TMC’s path forward. Heightened scrutiny could slow approvals or increase operational costs, potentially offsetting gains from favorable policies.
Outlook: Riding Policy Tailwinds, Bracing for Waves
TMC’s impressive rally reflects strong investor appetite for companies supplying the materials critical to the energy transition. Backed by shifting U.S. policies, strategic partnerships, and surging demand for cobalt and nickel, the company is well-positioned for near-term growth.
However, the road ahead may be choppy as financial pressures and environmental opposition threaten to slow progress. Investors will be watching closely to see whether TMC can balance growth ambitions with sustainability concerns to solidify its position in the global metals market.
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