TMC stock drops 5% as NOAA’s seabed-mining deadlines come into focus
NEW YORK, December 29, 2025, 11:54 ET — Regular session Shares of Nasdaq-listed TMC the metals company fell about 5% on Monday, last down $0.34 at $6.48. The move comes in a holiday-thinned final week of the year, with investors focused on the next steps in the company’s bid to secure U.S. approvals to explore the deep seabed for metals. Reuters+1 The National Oceanic and Atmospheric Administration, part of the U.S. Commerce Department, is seeking public comment on two exploration license applications filed by The Metals Company USA, LLC, and has set a Feb. 23 deadline. GovInfo Those dates matter