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The Metals Company is a developer of the world’s largest estimated undeveloped resource of battery metals for EVs. TMC’s resource in the Clarion Clipperton Zone of the Pacific Ocean contains a very high concentration of nickel, copper, cobalt and manganese, with an estimated resource of 1.6 billion tonnes of nodules, sufficient to support the electrification of 280 million EVs, equivalent to the entire U.S. passenger car fleet. The resource is in the form of polymetallic nodules, which sit unattached on top of the seafloor, so nodule collection requires no blasting, no drilling and no digging – the nodules are collected like golf balls on a driving range. Nodule collection in the Clarion Clipperton Zone was successfully done on a pilot basis by four consortia in the 1970s, including BP, Shell, Rio Tinto, Sumitomo, Lockheed Martin and US Steel. TMC has successfully concluded its own pilot trial, bringing 3,000 tonnes to the surface in Q4 2022. Primary ticker: NASDAQ:TMC Stage of development: Exploration Primary minerals: Nickel, Copper, Cobalt, Manganese Project to promote: NORI Project in Clarion Clipperton Zone Project location: Pacific Ocean, International Waters Website: metals.co