Company: TMCWW
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001104659-25-047372
Chunk: 113

Company: TMC the metals Co Inc.
Filing Date: 2025-05-12
Form: 424B5
Chunk 113
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 our other filings with the SEC or included in any applicable prospectus supplement. Investing in our securities involves risks. Therefore, carefully consider the risk factors set forth in any prospectus supplements and in our most recent annual, quarterly and other filings with the SEC, as well as other information in this prospectus and any prospectus supplements and the documents incorporated by reference herein or therein, before purchasing our securities. Each of the risk factors could adversely affect our business, operating results and financial condition, as well as adversely affect the value of an investment in our securities.

About TMC the metals company Inc.

We are a deep-sea minerals exploration company
focused on the collection, processing and refining of polymetallic nodules found on the seafloor in international waters of the Clarion
Clipperton Zone, or the CCZ, about 1,300 nautical miles (1,500 miles or 2,400 kilometers) south-west of San Diego, California. The CCZ
is a geological submarine fracture zone of abyssal plains and other formations in the Eastern Pacific Ocean, with a length of around 7,240
km (4,500 miles) that spans approximately 4,500,000 square kilometers (1,700,000 square miles). Polymetallic nodules are discrete rocks
that sit unattached to the seafloor, occur in significant quantities in the CCZ and have high concentrations of nickel, manganese, cobalt
and copper in a single rock.

These four metals contained in the polymetallic
nodules are critical for the transition to low-carbon energy. Our resource definition work to date shows that nodules in our contract
areas represent the world’s largest undeveloped resource of critical battery metals. If we are able to collect polymetallic nodules
from the seafloor on a commercial scale, we plan to use such nodules to produce three types of metal products: (i) feedstock for
battery cathode precursors (nickel and cobalt sulfates, or intermediary nickel-copper-cobalt matte, or nickel-copper-cobalt alloy) for
electric vehicles, or EV, and renewable energy storage markets, (ii) copper cathode for EV wiring, clean energy transmission and
other applications, and (iii) manganese silicate for manganese alloy production required for steel production. Our mission is to
build a carefully managed, shared stock of metal, which we refer to as a metals commons, that can be used, recovered and reused for