The Metals Company is a deep seabed minerals developer focused on collecting, processing, and refining polymetallic nodules—rocks containing high concentrations of nickel, copper, cobalt, manganese, and rare earth elements—from the seafloor in international waters of the Eastern Pacific Ocean. The company serves critical end-markets including semiconductors, AI data centers, battery manufacturing, steel production, energy grids, aerospace, and defense, with its metals essential for lithium-ion batteries, electrical infrastructure, and advanced industrial applications. TMC generates revenue through the extraction and processing of these minerals into intermediate and refined products, partnering with offshore collection specialists, international processing facilities, and refiners to develop an integrated supply chain from deep-sea collection through land-based processing and onshore refining.