Risk factors
TMC the metals (TMC) risk factors
Item 1A of every TMC the metals Co. Inc. 10-K on file, and what changed from one year to the next.
- FY2025 10-K risk factors
59 risks, 4 new, 6 dropped, 16 reworded since the prior year. TMC highlights regulatory uncertainties between ISA and US NOAA frameworks for seafloor nodule mining.
Filed Mar 31, 2026 - FY2024 10-K risk factors
61 risks. Deep-sea nodule collection faces severe regulatory uncertainty under the ISA, UNCLOS, and potential U.S. DSHMRA pathways. Commercial viability is unproven, relying heavily on Allseas and unbuilt equipment. Environmental opposition and potential biodiversity impacts threaten market acceptance in the EV supply chain.
Filed Mar 27, 2025