TMC Revises Sponsorship Agreement with Nauru

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

On June 4, 2025, TMC the metals company Inc. and the Government of Nauru announced a revised Sponsorship Agreement for Nauru Ocean Resources Inc. (NORI), updating terms from a 2017 agreement. This agreement ensures Nauru continues to receive financial benefits and community programs while supporting NORI’s exploration activities in the Clarion Clipperton Zone. The agreement also addresses the delays caused by the International Seabed Authority in adopting exploitation regulations, impacting NORI’s commercial plans. Additionally, TMC entered a services agreement with Michael B. Hess for strategic advisory services, involving significant equity awards contingent on shareholder approval. These developments reflect TMC’s commitment to responsible deep-sea mineral development and its partnership with Nauru, aiming to enhance economic stability and resilience for the island nation.

The most recent analyst rating on (TMC) stock is a Buy with a $4.50 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.

The Metals Company is an explorer of lower-impact critical metals from seafloor polymetallic nodules. It aims to supply metals for infrastructure, power generation, transmission, and batteries with net positive impacts compared to conventional production routes. The company holds exploration rights to two polymetallic nodule contract areas in the Clarion Clipperton Zone of the Pacific Ocean, sponsored by the governments of the Republic of Nauru and the Kingdom of Tonga.

Average Trading Volume: 8,605,511

Technical Sentiment Signal: Buy

Current Market Cap: $1.48B

Find detailed analytics on TMC stock on TipRanks’ Stock Analysis page.