TMC the metals company Inc. announced that NOAA determined its subsidiary TMC USA's consolidated application for a deep-seabed exploration license and commercial recovery permit under DSHMRA is in substantial compliance. This marks a key regulatory step for polymetallic nodules in a ~65,000 km² area in the Clarion Clipperton Zone with 619 Mt wet nodules.
Key takeaways
NOAA determined TMC USA’s consolidated application is in substantial compliance with DSHMRA requirements on March 9, 2026
Application covers ~65,000 km² exploration and commercial recovery area in Clarion Clipperton Zone
Area increased from ~25,000 km² in April 2025 initial application
Estimated resource of 619 Mt wet nodules with 200 Mt exploration upside
First submission under NOAA’s new consolidated application process
TMC USA A & B exploration license applications have completed public comment periods