TMC The Metals Company Could Surge: 2 Catalysts Poised to Drive Gains Over the Next Year
Permitting could finally unlock TMC's long-awaited potential.
Overview
TMC The Metals Company (NASDAQ: TMC) has spent years trying to commercialize vast deposits of polymetallic nodules sitting on the Pacific Ocean floor. If you're unfamiliar, those nodules contain nickel, copper, cobalt, and manganese -- all critical metals used in batteries, power grids, defense systems, and industrial infrastructure.
Indeed, demand for these nodules is what put the stock in the spotlight despite the absence of regulatory permitting. But that's changing. Here are two catalysts for this.
Details
The single biggest catalyst for TMC isn't higher metal prices. It's permitting.
Source
Originally published at www.fool.com.
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