Shares of Vancouver-based TMC The Metals Company (NASDAQ: TMC) surged 22.7% on Monday following a Wall Street Journal article that referenced an April 24 executive order from the Trump administration. This order directed the National Oceanic and Atmospheric Administration (NOAA) to issue permits for mining companies to extract critical metals like manganese, cobalt, copper, and nickel from the ocean floor. The combination of the executive order and the increased media attention has further boosted the company’s stock and highlighted its significant financial opportunities.
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