• TMC expects its revised offshore startup plan to require $299 million, down from $798 million, shared with Allseas.
• Initial production capacity would fall to 1 million tonnes annually from 3 million, reducing upfront capital requirements while preserving the startup schedule.
• Commercial recovery permit approval remains expected in 2027, with application certification anticipated by December 15, 2026.
• Japan toll processing could support initial production while Brownsville advances; future capital commitments for the Texas project depend on government support.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TMC the metals company Inc. published the original content used to generate this news brief on November 12, 2026, and is solely responsible for the information contained therein.