TMC Today - Jul 11: NOAA Ruling Boosts Stock

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TMC Today - Jul 11: NOAA Ruling Boosts Stock

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Hey there! It’s Joey here, your friendly neighborhood investor. I’ve been in the game for quite a while, and today, we’re talking about TMC the metals company. It was a green day, up 1.45%. Not huge, but hey, I’ll take it!

So what happened? TMC saw some nice gains today. The stock perked up thanks to some good news from the NOAA. They got a compliance ruling that’s a win for the push on critical metals in the U.S. Everyone’s been buzzing about this, and it seems like folks are feeling optimistic about TMC’s role in the deep-sea mining scene.

Now, why the excitement? Well, it looks like the U.S. is getting serious about speeding up permits for deep-sea mining. Investors are reacting positively to the U.S. teaming up with Japan to take on China’s grip on critical minerals. That’s a big deal! People are starting to see TMC as a key player in this whole critical minerals game. It’s like they’re finally getting some love from retail investors who are jumping on this bandwagon.

But it’s not all sunshine and rainbows. There have been some ups and downs in the market lately, and some stocks like TMC have taken a hit in the past week. Still, today was a win, and I think people are just trying to ride that wave of good news.

Looking ahead, there’s chatter about the U.S. weighing a price floor for critical minerals. That could really shake things up! If that goes through, it might give TMC and others a solid boost.

Alright, that’s the scoop for today! Just remember, I’m here to share info and keep it fun, not to give financial advice. So stay curious, and keep your eyes on the market! Catch you later!

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