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Bonus Article from MarketBeat Media The Metals Company: Unlocking a Klondike-Quality Mineral Rush Submitted by Thomas Hughes. First Published: 3/30/2026. 
Key Points - The Metals Company, Inc. is on the verge of licensing approval and commencing commercial operations.
- It is the leader in a rush to unlock a multi-trillion-dollar seafloor opportunity.
- Revenue is expected in 2027 and profits the year after.
- Special Report: Elon Musk already made me a "wealthy man"
The Metals Company, Inc. (NASDAQ: TMC) is as futuristic a company as can be, yet it's not involved in space or AI. The company aims to unlock a decades-long mineral rush by harvesting a resource once only imagined by scientists, policymakers and schoolchildren: deep-sea nodules. Each nodule contains manganese, nickel, cobalt and copper—critical battery metals—along with trace rare earth elements, and there is a vast quantity lying on the seafloor. The Metals Company is focused on the Clarion-Clipperton Zone, a roughly 4.5 million-square-kilometer area between Hawaii and Mexico. It sits about 4,000 to 5,500 meters below the surface, and nodules in the region have been valued at up to $1,500 per dry metric tonne. America's leading gold expert is pointing to April 15, 2026 as a critical date for gold investors - and says a major shift in the gold market could be set to unfold. Whether you own gold, are considering buying, or simply follow the market, this forecast deserves your attention before that date arrives. Read the full urgent briefing and prepare for April 15 Estimates suggest a single mining site within the zone could generate up to $1.7 billion in annual value; the region as a whole is estimated to contain as much as $19 trillion in minerals. The primary remaining barriers are regulatory approvals, which are ongoing and appear to be progressing. The Metals Company plans to collect nodules via a partnership with Allseas, a Swiss subsea construction, pipelaying and heavy-lifting specialist. Allseas will deploy a hydraulic collection vehicle that lifts nodules off the seabed by suction, an approach designed to limit silt disturbance and deliver material to a floating processing vessel. The Hidden Gem, a converted drilling ship and the first floating processing plant of its kind, was commissioned by The Metals Company and is owned and operated by Allseas. Initial testing was completed in 2022, when the ship successfully recovered about 3,000 tonnes of nodules. NOAA has deemed the company's application largely in compliance, and executives expect licensing approval to be granted before the end of Q1 2027. Analysts Like the Numbers, but The Metals Company Is a Speculative Buy Analyst coverage is limited but enough to provide a baseline view. The four analysts tracked by MarketBeat give the stock a consensus rating of Hold, with a 50% Buy-side bias and 25% Sell-side. Three of those ratings were issued in January 2026 and the fourth in December 2025, so the readings are fairly current. There is a fifth, older Buy rating that's more than 120 months old and is therefore less relevant. Price targets imply substantial upside: the consensus projects roughly 165% upside, with even the low-end target implying more than 100% potential gain. Revenue and profitability expectations are a key driver of that sentiment. The analyst group forecasts initial revenue of about $50 million in 2027, followed by a jump to over $550 million in 2028. Earnings are projected by 2028 as the asset-light operation begins generating cash once commercial operations commence. Operational risk is viewed as limited—the collection technology has been proven—while the primary challenge will be scaling nodule processing. Management is making progress on that front. Near-term catalysts in 2026 include advances in nodule-processing work. The company expects to use rotary kiln electric arc furnace (RKEF) technology, either under contract or in its own facility. It is working with Japan-based Pacific Metals for testing and verification while also exploring the construction of processing facilities in Texas. A feasibility study is underway for a Brownsville, TX plant that could process nodules alongside other feedstocks. RKEF is a global method for processing nickel; in this application it would produce a high-grade nickel-copper-cobalt alloy and manganese silicate. Notably, the process eliminates solid-waste tailings—all inputs are converted into usable materials, including fertilizer-grade ammonium sulfate. TMC Stock Is Cheap, but It Can Get Cheaper The Metals Company's 2026 stock price action is sketchy. The market has retreated from long-term highs and is approaching a critical support level at the 150-week exponential moving average (EMA). The 150-week EMA is often used as an indicator of long-term buy-and-hold sentiment and can act as a pivotal technical level.  If price action falls below that EMA, the stock may struggle to regain momentum until a stronger catalyst appears. However, institutional activity indicates buyers are accumulating on balance and increasing exposure as the price declines, suggesting a potential bottom could form soon. |