The Metals Company Inc. Just Got Incredible News from the NOAA. Here's What It Means for Investors.

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After all, the start-up is just trying to build a mining business. However, the location of the mining operation is a bit unique. This is why the National Oceanic and Atmospheric Administration (NOAA) is involved.In March, The Metals Company got some incredible news from NOAA. And investors still need to treat the stock with extreme caution. Here's what you need to know.Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »The Metals Company is attempting to build a deep-sea mining operation. Deep-se mining has been done before, but it just wasn't economically sustainable. The Metals Company has been developing new technology, which it believes will enable it to generate profits despite the unusually harsh conditions under which its mine will operate. All of the pieces are slowly starting to come together.Image source: Getty Images.One of the biggest hurdles, however, is getting regulatory approval. Only the path toward regulatory approval was just changed to speed the process. So, in a sense, everyone involved is kind of making this up as they go, given the new rules. When The Metals Company submitted its application, there was no way for it to know if it was giving NOAA exactly what it wanted. Which is why it was such positive news for NOAA to tell The Metals Company that its application was in "substantial compliance."In simple terms, NOAA said it will continue to consider The Metals Company's application without any back-and-forth redrafts.There is no question that the NOAA update is a positive outcome. However, it is still just the first step in getting the regulatory approvals The Metals Company needs. So investors need to take the news with a grain of salt. In fact, even after the miner obtains all the approvals it needs, it still has a long and difficult road ahead.Building a standard mining operation is a major undertaking and entails high costs. With much of The Metals Company's work taking place underwater, the job is even harder. And it is worth noting that the company isn't currently generating any revenue. Its income statement actually started with operating expenses of $140 million in 2025. The bottom line was a loss of $0.83 per share.Given this start-up's still-early stage of development, only the most aggressive investors should consider The Metals Company, even after the positive news from NOAA.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoTrending tickersUNH UnitedHealth Group Incorporated 281.36 +4.10 (+1.48%)AVGO Broadcom Inc. 314.43 -0.12 (-0.04%)AIXI Xiao-I Corporation 0.8038 +0.6731 (+515.00%)BROS Dutch Bros Inc. 53.03 +2.68 (+5.32%)SPCE Virgin Galactic Holdings, Inc. 3.0700 +0.6100 (+24.80%)PortfolioSign in to access your portfolioSign inTop gainersSLNO Soleno Therapeutics, Inc. 52.25 +12.76 (+32.31%)CAR Avis Budget Group, Inc. 212.60 +22.18 (+11.65%)BOOT Boot Barn Holdings, Inc. 149.03 +13.87 (+10.26%)KTOS Kratos Defense & Security Solutions, Inc. 74.09 +6.78 (+10.07%)AMPX Amprius Technologies, Inc. 17.56 +1.56 (+9.75%)Top losersAXTI AXT, Inc. 41.99 -10.85 (-20.53%)PAYP PayPay Corporation 18.84 -2.18 (-10.37%)FIGS FIGS, Inc. 13.40 -1.26 (-8.59%)SOC Sable Offshore Corp. 14.18 -1.19 (-7.74%)SEDG SolarEdge Technologies, Inc. 45.09 -3.66 (-7.51%)Most activeNVDA NVIDIA Corporation 177.64 +0.25 (+0.14%)HOLX Hologic, Inc. 76.01 +0.36 (+0.48%)PLUG Plug Power Inc. 2.6900 +0.2800 (+11.62%)NOK Nokia Oyj 8.89 +0.07 (+0.79%)INTC Intel Corporation 50.78 +0.40 (+0.79%)Top economic eventsEarnings eventsMy earnings eventsEarnings events