The Metals Company Stock Surges Amid Speculation of U.S. Government Partnership

Shares of The Metals Company (TMC) soared 26.3% this week, driven by investor Optimism despite the absence of official announcements. The company, focused on deep-sea mining of polymetallic nodules, aims to extract critical minerals like cobalt, nickel, copper, and manganese—all listed on the U.S. Geological Survey's 2025 draft List of Critical Minerals.

Market speculation centers on potential collaboration with the TRUMP administration to secure domestic supply chains, mirroring last year's investment in rare-earth metals producer MP Materials. The U.S. government's prior stake in MP Materials has fueled expectations of similar support for TMC.

Investors are betting on strategic partnerships to mitigate reliance on foreign mineral sources, though risks remain unquantified. The rally underscores growing interest in resource security as a national priority.