TMC Announces Strategic Investment with Korea Zinc

TMC the metals company Inc. ( (TMC) ) just unveiled an update.

On June 16, 2025, TMC the metals company Inc. announced a strategic investment agreement with Korea Zinc Company, Ltd., involving the sale of 19.6 million common shares and warrants for $85.2 million. This investment, expected to close on June 26, 2025, positions Korea Zinc as a significant shareholder and partner in developing U.S. processing infrastructure for critical minerals. This partnership aims to enhance TMC’s industry positioning by leveraging Korea Zinc’s expertise in non-ferrous metal refining and pCAM technology, potentially bypassing the Chinese supply chain and meeting U.S. demand for refined nickel, cobalt, manganese, and copper.

The most recent analyst rating on (TMC) stock is a Buy with a $3.75 price target. To see the full list of analyst forecasts on TMC the metals company Inc. stock, see the TMC Stock Forecast page.

Spark’s Take on TMC Stock

According to Spark, TipRanks’ AI Analyst, TMC is a Neutral.

TMC faces significant financial challenges, with poor income and cash flow performance indicating instability. Although the technical analysis shows positive momentum, the valuation remains unattractive due to negative earnings. The strategic regulatory shifts present potential future opportunities but are offset by ongoing uncertainty and geopolitical risks, resulting in a low overall score.

To see Spark’s full report on TMC stock, click here.

More about TMC the metals company Inc.

TMC the metals company Inc. is a leading explorer of critical metals from seafloor polymetallic nodules, focusing on supplying metals for energy, defense, manufacturing, and infrastructure with a lower environmental impact. The company aims to create a sustainable metal commons through tracing, recovering, and recycling the metals it supplies.

Average Trading Volume: 9,166,193

Technical Sentiment Signal: Buy

Current Market Cap: $1.61B

See more data about TMC stock on TipRanks’ Stock Analysis page.