Company: TMCWW
Filing Date: 2025-01-08
Form Type: CORRESP
Source: 0001104659-25-002048
Chunk: 1

Company: TMC the metals Co Inc.
Filing Date: 2025-01-08
Form: CORRESP
Chunk 1
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42% in 2023. Accordingly, please revise this risk factor to disclose 
 not just that “if these industries shift to new technologies or products (e.g., nickel-rich battery chemistries could be replaced          
 by other battery chemistries that do not use nickel or cobalt such as lithium iron phosphate (LFP)...)...it could result in a decline      
 in demand for our metal products”; but to also disclose the present increase in usage of LFP battery chemistry in EVs and any impact       
 on the demand for your proposed products.                                                                                                  |

: In
response to the Staff’s comment, the Company will expand its risk factor disclosure relative to changing battery chemistries
to provide substantially the disclosure set forth on attached hereto. Note that on ,
new disclosure has been bolded and underlined and deletions to existing disclosure have been shown in strikethrough to show a
comparison of the new disclosure to the disclosure as set forth in the Form 10-K, and the entire disclosure will be subject to
further revision to reflect future developments with respect to battery chemistries and the Company’s business. The Company
intends to include the new disclosure in all its future filings where such disclosure is applicable, beginning in the
Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024.

We hope that the above response will be
acceptable to the Staff. If you have any questions or comments regarding the information in this letter, kindly contact the
undersigned at (617) 348-1715 or Craig Shesky, Chief Financial Officer of the Company, at (888) 458-3420. Thank you
for your time and attention.

| Sincerely,             |
| /s/ Daniel T. Kajunski |
| Daniel T. Kajunski     |

| cc: | Securities and Exchange Commission |
|     | Craig Arakawa                      |
|     | Daniel Morris                      |

| TMC the metals company Inc.                                 |
| Craig Shesky, Chief Financial Officer                       |
| Ryan Coombes, Esq., General Counsel and Corporate Secretary |

<div align='center'>Exhibit A

Proposed Revised Risk Factor Disclosure</div>

Our ability to generate revenue will be diminished if we are unable to compete with substitutions for the minerals that we intend to process or adapt to shifts in end-market demand.

Technology changes rapidly in the industries and
end markets that utilize the four metals contained in polymetal