The Metals Company (TMC): Seabed mining & scavenging dead oil rigs [Q4 2025] episode artwork

EPISODE · Mar 27, 2026 · 10 MIN

The Metals Company (TMC): Seabed mining & scavenging dead oil rigs [Q4 2025]

from Earnings Unscripted: Stock Earnings Calls & Analysis · host Miro Benes

In Q4 2025, TMC officially abandoned international gridlock for a total pivot to U.S. jurisdiction, pitching deep-sea mining as a matter of national security.In ~10 minutes:• Net loss narrowed 78% after dodging Q3's massive non-cash charges.• The wild plan to repurpose scrapped oil rigs for seabed mining. 🚢• Why the proposed 1,400-acre Texas refinery hinges on federal subsidies.• Bringing in ex-Tesla talent for SpaceX-speed facility construction.Management submitted a staggering petabyte of environmental data to NOAA, officially starting a 12-month countdown for their commercial recovery permit. With the clock ticking and the company exploring defense consortiums, TMC has rapidly transformed from a green-tech startup into a geopolitical bet.TMC the metals company Inc. (TMC) | Q4 FY2025AI-assisted production. Feedback/ticker requests: https://x.com/EarnUnscripted.

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