Company Directory - The Metals Company
Company Details - The Metals Company

The Metals Company
WebsiteVancouver, Canada
The Metals Company is a startup based in Vancouver, British Columbia, that is planning to launch the world’s first deep-sea mine in the eastern Pacific Ocean. The company focuses on pioneering deep-sea mining innovations to extract valuable minerals while aiming for sustainable practices.
CCI Score
CCI Score: The Metals Company
-47.00
0.11%
Latest Event
The Metals Company deep-sea mining permit application strategy
The Metals Company plans to apply for a mining exploitation permit from the ISA regardless of finalized regulations, raising concerns over its disregard for established regulatory processes and ethical business practices, which may indirectly undermine democratic oversight.
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QUISLING
The Metals Company is currently rated as a Quisling.
Latest Events
- JUN272025
The Metals Company plans to apply for a mining exploitation permit from the ISA regardless of finalized regulations, raising concerns over its disregard for established regulatory processes and ethical business practices, which may indirectly undermine democratic oversight.
-10
Public and Political Behavior
March 27
The company's willingness to proceed with a mining permit application without finalized international regulations suggests a disregard for established public oversight and democratic regulatory processes, reflecting a negative public and political behavior that can erode trust in collective decision-making.
There's no rulebook for deep-sea mining. Companies want to push forward anyway
-30
Business Practices and Ethical Responsibility
March 27
The Metals Company's strategy to push forward with commercial production without awaiting finalized regulations highlights a prioritization of profit over precaution. This approach to business practices and ethical responsibility may lead to environmental harm and undermines long-term sustainable and socially accountable operations.
There's no rulebook for deep-sea mining. Companies want to push forward anyway
-20
Economic and Structural Influence
March 27
By planning to engage with international regulatory bodies under a strategy that flouts pending rules, The Metals Company exhibits a form of economic and structural influence that disregards global governance frameworks. This behavior risks distorting international regulatory processes and undermining the rule of law.
There's no rulebook for deep-sea mining. Companies want to push forward anyway
- JUN012025
Despite unsettled international deep-sea mining regulations, The Metals Company plans to submit an ISA license application in June, disregarding the lack of robust environmental safeguards. This aggressive move risks bypassing necessary environmental scrutiny and forces regulatory bodies into premature decision-making, potentially undermining democratic governance and corporate accountability.
-60
Business Practices and Ethical Responsibility
March 27
The Metals Company's decision to file an ISA license application regardless of incomplete regulations demonstrates a prioritization of corporate profit over ethical responsibility. By sidestepping established environmental safeguards, the company risks causing irreversible harm to deep-sea ecosystems, reflecting a disregard for responsible business practices and ethical standards.
Deep-sea miners are set to dig for critical minerals, even if rules aren't done
-40
Public and Political Behavior
March 27
The company's tactic of moving forward with its mining application amidst regulatory uncertainty indicates a willingness to exploit gaps in governance. This approach can pressure regulatory bodies and erode public trust, as it may contribute to shifting the balance of power in favor of corporate interests over transparent, democratic policy-making.
Deep-sea miners are set to dig for critical minerals, even if rules aren't done
- APR302025
The Metals Company applied for a permit from the Trump administration to commence commercial deep sea mining for critical battery minerals, bypassing international regulatory processes and provoking environmental and legal concerns.
- APR302025
On April 30, 2025, The Metals Company's US subsidiary applied to NOAA for deep-sea mining permits. The company is capitalizing on President Trump's executive order to expedite permit reviews, thereby circumventing the International Seabed Authority's regulatory framework. This action has raised concerns among environmentalists and international regulators as it undermines established global oversight.
- MAR272025
The Metals Company announced plans to apply for a deep-sea mining permit from the International Seabed Authority even before final regulations are in place. This decision has raised concerns regarding potential environmental risks and a broader disregard for international governance and regulatory standards.
- MAR272025
The Metals Company is advancing its deep-sea mining initiatives in the eastern Pacific, raising serious concerns over environmental degradation, ethical business practices, technological repercussions, and potential regulatory capture. Critics argue that the company’s aggressive pursuit of underwater mineral riches underscores a broader trend of corporate priorities that favor profit over sustainability, with implications for public accountability and economic exploitation.
-30
Public and Political Behavior
March 27
The Metals Company is operating in a regulatory grey area while facing public scrutiny over deep-sea mining. Its lack of clear political accountability and insufficient engagement with democratic oversight mechanisms results in a negative score under Public and Political Behavior.
-65
Business Practices and Ethical Responsibility
March 27
The Metals Company is aggressively advancing deep-sea mining projects despite warnings from environmental scientists and activists. This approach reflects a disregard for ethical business practices and sustainable operations, especially as the potential long-term ecological impacts remain poorly understood.
-50
Technology and Services Impact
March 27
The company is deploying innovative deep-sea extraction technology that, while technologically advanced, carries significant risks for fragile underwater ecosystems. The push for rapid technological deployment without fully understanding the environmental consequences results in a negative score under Technology and Services Impact.
-40
Economic and Structural Influence
March 27
The Metals Company is influencing international regulatory frameworks by securing exploration contracts with the International Seabed Authority. This economic maneuvering, aimed at capturing lucrative future markets, raises concerns about structural exploitation and the potential for regulatory capture that prioritizes corporate profits over environmental and social welfare.
- MAR272025
The Metals Company plans to launch the world’s first deep-sea mine in the eastern Pacific despite unresolved regulatory frameworks, raising questions about its commitment to ethical business practices and political accountability.
- JUL232024
Civil society groups, including Deep Sea Mining Campaign, The Ocean Foundation, and Blue Climate Initiative, have lodged a complaint with the SEC accusing The Metals Company of misleading investors, government officials, and the public regarding its financial forecasts, environmental sustainability claims, and ties to the United States. The complaint highlights deceptive communications and material misrepresentations about its deep-sea mining operations.
-40
Public and Political Behavior
March 27
The Metals Company has been accused of misrepresenting its economic ties and political benefits to the United States, undermining transparency and public trust. Such behavior contributes to an environment where corporate misinformation can indirectly support authoritarian agendas by confusing stakeholders and officials.
Civil society groups file complaint against The Metals Company
-60
Business Practices and Ethical Responsibility
March 27
The formal complaint filed with the SEC accuses The Metals Company of providing overly optimistic and deceptive shareholder communications, exaggerating the feasibility of its mining operations, and misrepresenting its environmental and social responsibility efforts. Such actions reflect a severe lapse in ethical business practices that can erode public trust and facilitate wider corporate complicity in authoritarian economic strategies.
Civil society groups file complaint against The Metals Company
- JUL232024
Civil society groups including the Deep Sea Mining Campaign, The Ocean Foundation, and Blue Climate Initiative have filed a formal complaint with the SEC against The Metals Company, alleging that the company misrepresented its financial forecasts, environmental claims, and impacts on Indigenous communities in relation to its deep-sea mining project.
-40
Public and Political Behavior
March 27
The Metals Company is accused of misleading investors, government officials, and the public by overstating its ties and economic benefits to the United States. Such misrepresentations impact public perception and political processes, undermining transparency and accountability crucial for democracy.
Civil society groups file complaint against The Metals Company
-60
Business Practices and Ethical Responsibility
March 27
The filing alleges that The Metals Company engaged in deceptive business practices by providing overly optimistic financial forecasts, misrepresenting its environmental initiatives, and omitting the negative impacts on Indigenous communities. This represents a significant breach in ethical responsibility and transparency in business practices.
Civil society groups file complaint against The Metals Company
- JUL232024
A formal complaint has been lodged with the US SEC by environmental groups alleging that The Metals Company misrepresented key information in its 2023 Annual Report. The complaint claims that the company provided over-optimistic and deceptive disclosures regarding its financial forecasts, deep-sea mining feasibility, and environmental credentials, including misrepresentations of its ties to the United States and the implications for Indigenous communities.
-75
Business Practices and Ethical Responsibility
March 27
The Metals Company is accused of providing misleading and deceptive shareholder communications in its 2023 Annual Report. These alleged misrepresentations include over-optimistic financial forecasts, exaggerated feasibility of deep sea mining operations, and dubious claims about environmental and social responsibility. Such behavior undermines ethical business practices and misinforms investors and regulators, contributing to a culture that may indirectly support authoritarian practices through lack of transparency and accountability.
Formal Complaint Laid Against Wannabe Miner The Metals Company
-40
Public and Political Behavior
March 27
The complaint also highlights the company's misrepresentation of its economic and political ties, particularly its claims regarding benefits to the United States and minimisation of regulatory challenges. This misrepresentation can be seen as an attempt to manipulate public and political perceptions, undermining accountability and contributing to a broader environment where corporate deception may support authoritarian agendas.
Formal Complaint Laid Against Wannabe Miner The Metals Company
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- 213115
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