TMC the metal company (TMC) Newsfilter·2025-02-18 13:05Core Viewpoint - TMC the metals company Inc. has successfully produced high-grade nickel-copper-cobalt alloy and manganese silicate from deep-seafloor polymetallic nodules, marking a significant milestone in its feasibility program for commercial production in international waters [1][3][5]. Group 1: Production and Processing Achievements - TMC's subsidiary, Nauru Ocean Resources Inc., recovered 3,000 tonnes of nodules in 2022, with 2,000 tonnes processed at PAMCO's facility in Japan [2][5]. - A continuous smelting campaign over 14 days in January and February 2025 resulted in the production of high-grade nickel-copper-cobalt alloy and manganese silicate, utilizing approximately 450 tonnes of calcine material [2][5]. - The manganese silicate produced is intended for use in steelmaking, offering significant cost advantages over conventional manganese ores [5]. Group 2: Strategic Partnerships and Future Plans - The successful processing trial supports anticipated definitive processing agreements as TMC prepares to submit the world's first exploitation application for commercial production [5][6]. - TMC signed a Memorandum of Understanding with PAMCO in November 2023 to complete a feasibility study for processing 1.3 million tonnes of wet polymetallic nodules annually [6]. Group 3: Operational Efficiency and Cost Management - The integration of nodule processing into PAMCO's existing operations eliminates the need for new infrastructure, potentially saving billions in capital expenditures [4][5]. - The collaboration with PAMCO leverages their expertise in large-scale nickel laterite processing, enhancing operational efficiency and reducing development time [4][5].