TMC the metals company (TMC) Investor presentation summary

Vision and mission

• Envisions a future where metals are continually used, recovered, and reused across generations, creating a sustainable, circular economy for critical metals.

• Mission is to deliver metals for a stronger future with better impacts on people and nature, focusing on both primary and secondary production.

Business model and strategy

• Transitioning from a legacy one-time sales model to a Metals-as-a-Service (MaaS) model, renting metals and retaining ownership for recurring revenue and long-term customer relationships.

• MaaS enables up to 70% of primary metal value to be recaptured through recycling and re-rental, supporting higher asset valuations.

• Vertical integration across the value chain, from exploration and nodule collection to onshore processing, refining, and specialty products.

Resource and project highlights

• Holds estimated 1.6 billion tonnes of polymetallic nodules in the Clarion Clipperton Zone (CCZ), with high grades of nickel, copper, cobalt, and manganese.

• CCZ nodules offer higher grades and abundance compared to global averages, providing strategic advantages such as near-zero waste and minimal community impact.

• Multi-generational supply potential, with a billion tons of nodules able to supply U.S. consumption for decades to centuries for key metals.