{"id":1843,"date":"2026-04-09T18:51:00","date_gmt":"2026-04-09T18:51:00","guid":{"rendered":"https:\/\/www.europesays.com\/japan\/1843\/"},"modified":"2026-04-09T18:51:00","modified_gmt":"2026-04-09T18:51:00","slug":"tmc-progresses-toward-deep-sea-mining-with-us-japan-support","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/japan\/1843\/","title":{"rendered":"TMC Progresses Toward Deep Sea Mining With US Japan Support"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/simplywall.st\/features\/stock-screener?utm_medium=finance_user&amp;utm_campaign=screener_head_cta&amp;utm_source=yahoo&amp;blueprint=4517502\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Find your next quality investment;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Find your next quality investment&quot;}\" class=\"link \">Find your next quality investment<\/a> with Simply Wall St&#8217;s easy and powerful screener, trusted by over 7 million individual investors worldwide.<\/p>\n<p class=\"yf-1fy9kyt\">TMC the metals (NasdaqGS:TMC) has confirmed that its US commercial recovery permit application for deep sea mining is now deemed substantially complete.<\/p>\n<p class=\"yf-1fy9kyt\">The company has also highlighted a new partnership with Japan focused on critical minerals sourced from seabed nodules.<\/p>\n<p class=\"yf-1fy9kyt\">These developments come as TMC pursues a path toward commercial deployment of its deep sea mining projects.<\/p>\n<p class=\"yf-1fy9kyt\">TMC the metals, trading at $4.68, has had a mixed share price record, with a 3.8% move over the past week and a 25.4% decline over the past month. Year to date the stock is down 31.0%, although the 1 year return stands at 161.5%, and the 3 year performance is a very large gain, even after a 52.8% decline over 5 years. That kind of profile tends to attract investors who are comfortable with volatility and event driven stories.<\/p>\n<p class=\"yf-1fy9kyt\">For readers tracking critical minerals and energy transition themes, the combination of a substantially complete US permit application and a new Japan partnership puts regulatory progress and geopolitical interest front and center. How these two threads develop, and whether they translate into funding support, offtake interest, or further government engagement, is likely to be an important focus for anyone considering the risk and reward trade off around NasdaqGS:TMC.<\/p>\n<p class=\"yf-1fy9kyt\">Stay updated on the most important news stories for <a href=\"https:\/\/www.simplywall.st\/\/company\/id\/02990694-4271-4cd4-993f-6fb2ae8faf9a\/valuation?utm_medium=finance_user&amp;utm_campaign=news_stay_updated_cta&amp;utm_source=yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:TMC the metals;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;TMC the metals&quot;}\" class=\"link \">TMC the metals<\/a> by adding it to your <a href=\"https:\/\/simplywall.st\/features\/stock-watchlist?utm_medium=finance_user&amp;utm_campaign=news_stay_updated_cta&amp;utm_source=yahoo&amp;blueprint=4517502\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:watchlist;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;watchlist&quot;}\" class=\"link \">watchlist<\/a> or <a href=\"https:\/\/simplywall.st\/features\/portfolio?utm_medium=finance_user&amp;utm_campaign=news_stay_updated_cta&amp;utm_source=yahoo&amp;blueprint=4517502\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:portfolio;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;portfolio&quot;}\" class=\"link \">portfolio<\/a>. Alternatively, explore our <a href=\"https:\/\/simplywall.st\/stock\/NasdaqGS\/TMC?utm_medium=finance_user&amp;utm_campaign=news_stay_updated_cta&amp;utm_source=yahoo&amp;blueprint=4517502\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Community;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Community&quot;}\" class=\"link \">Community<\/a> to discover new perspectives on TMC the metals.<\/p>\n<p>    <a href=\"https:\/\/www.simplywall.st\/company\/id\/02990694-4271-4cd4-993f-6fb2ae8faf9a?utm_medium=finance_user&amp;utm_campaign=infographic&amp;utm_source=yahoo\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/japan\/wp-content\/uploads\/2026\/04\/2ea5d9568091697c4f988d480e903d2b.png\" alt=\"NasdaqGS:TMC Earnings &amp; Revenue Growth as at Apr 2026\" loading=\"eager\" height=\"613\" width=\"960\" class=\"yf-lglytj  loaded\"\/><\/a> NasdaqGS:TMC Earnings &amp; Revenue Growth as at Apr 2026      <\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/www.simplywall.st\/company\/id\/02990694-4271-4cd4-993f-6fb2ae8faf9a?utm_medium=finance_user&amp;utm_campaign=cta_news_full_picture&amp;utm_source=yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:\ud83d\udcf0 Beyond the headline: 5 risks and 1 thing going right for TMC the metals that every investor should see.;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;\ud83d\udcf0 Beyond the headline&quot;}\" class=\"link \">\ud83d\udcf0 Beyond the headline: 5 risks and 1 thing going right for TMC the metals that every investor should see.<\/a><\/p>\n<p class=\"yf-1fy9kyt\">\u2705 Price vs Analyst Target: At $4.68 versus a consensus target of $10.60, the price sits about 56% below analyst expectations.<\/p>\n<p class=\"yf-1fy9kyt\">\u2696\ufe0f Simply Wall St Valuation: Valuation status is currently marked as unknown, so treat this as an information gap rather than a clear signal.<\/p>\n<p class=\"yf-1fy9kyt\">\u274c Recent Momentum: The 30 day return of roughly 25% decline flags weak short term sentiment despite the recent news.<\/p>\n<p class=\"yf-1fy9kyt\">To assess whether it may be the right time to buy, sell or hold TMC the metals, you can review Simply Wall St&#8217;s <a href=\"https:\/\/finance.yahoo.com\/quote\/TMC\" data-ylk=\"slk:company report for the latest analysis of TMC the metals&#039;s Fair Value.;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;company report for the latest analysis of TMC the metals&#039;s Fair Value.&quot;}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">company report for the latest analysis of TMC the metals&#8217;s Fair Value.<\/a><\/p>\n<p class=\"yf-1fy9kyt\">\ud83d\udcca The US Japan critical minerals alignment and a substantially complete US permit application both speak directly to TMC&#8217;s path toward commercialisation, which is central to any investment case built on future production.<\/p>\n<p class=\"yf-1fy9kyt\">\ud83d\udcca Watch how regulatory milestones, potential offtake or funding agreements, and any updates to analyst targets evolve relative to the current $4.68 price and $10.60 target.<\/p>\n<p class=\"yf-1fy9kyt\">\u26a0\ufe0f Major risks include negative shareholders&#8217; equity, zero revenue and a recent 25% share price decline, all of which point to high execution and financing risk around this story.<\/p>\n<p class=\"yf-1fy9kyt\">For the full picture including more risks and rewards, check out the <a href=\"https:\/\/finance.yahoo.com\/quote\/TMC\" data-ylk=\"slk:complete TMC the metals analysis;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;complete TMC the metals analysis&quot;}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">complete TMC the metals analysis<\/a>. Alternatively, you can visit the <a href=\"https:\/\/www.simplywall.st\/stock\/NasdaqGS\/TMC\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:community page for TMC the metals;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;community page for TMC the metals&quot;}\" class=\"link \">community page for TMC the metals<\/a> to see how other investors believe this latest news will impact the company&#8217;s narrative.<\/p>\n<p class=\"yf-1fy9kyt\"> This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.<\/p>\n<p class=\"yf-1fy9kyt\">Companies discussed in this article include <a href=\"https:\/\/finance.yahoo.com\/quote\/TMC\" data-ylk=\"slk:TMC;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;TMC&quot;}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">TMC<\/a>.<\/p>\n<p class=\"yf-1fy9kyt\">Have feedback on this article? Concerned about the content? <a href=\"https:\/\/investor-research.typeform.com\/to\/wvg6MFri#feedback_token=NDUxNzUwMjpmNGNmYWIzMzdiMTBjNjEx&amp;company=NasdaqGS:TMC&amp;blueprintid=4517502\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Get in touch;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Get in touch&quot;}\" class=\"link \">Get in touch<\/a> with us directly. Alternatively, email <a href=\"https:\/\/finance.yahoo.com\/markets\/stocks\/articles\/mailto:editorial-team@simplywallst.com?subject=Re%3A%20Your%20article%20on%20NasdaqGS%3ATMC%20(yahoo)%20from%209th%20April%202026\" data-ylk=\"slk:editorial-team@simplywallst.com;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;editorial-team@simplywallst.com&quot;}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">editorial-team@simplywallst.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Find your next quality investment with Simply Wall St&#8217;s easy and powerful screener, trusted by over 7 million&hellip;\n","protected":false},"author":2,"featured_media":1844,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[2134,8,2136,2135,2133],"class_list":["post-1843","post","type-post","status-publish","format-standard","has-post-thumbnail","category-japan","tag-deep-sea-mining","tag-japan","tag-share-price","tag-simply-wall-st","tag-tmc"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/1843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/comments?post=1843"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/1843\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media\/1844"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media?parent=1843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/categories?post=1843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/tags?post=1843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}