Cecilia Jamasmie, Mining.com

Deep-sea mining hopeful The Metals Company (Nasdaq: TMC) reported on Friday a wider annual loss for 2025 as it advances plans for a US-based polymetallic nodule processing hub and takes steps to strengthen its regulatory position.

TMC ended 2025 with $117.6 million in cash and a fourth-quarter net loss of $40.4 million, or $0.08 per share, compared with $16.1 million a year earlier, as higher share-based compensation and administrative costs weighed on results. 

...

Read the full article here.