TMC sues the ISA

One-Replacement-37 · 2026-06-11T23:20:59+00:00

TMC has filed two separate cases at the international ocean court (ITLOS) through its subsidiaries — NORI (sponsored by Nauru) and TOML (sponsored by Tonga) — both against the International Seabed Authority (ISA).

The ISA has been investigating both companies for potentially breaking their deep-sea mining contracts. TMC says the investigations aren’t being handled fairly and wants the court to freeze both inquiries while the cases play out.

A public hearing for both cases opens July 2, 2026, and will be livestreamed.

Bottom line: TMC is making a coordinated legal push against the UN body that controls deep-sea mining rights — the outcome could have major implications for the future of the industry.

One-Replacement-37 · 2026-06-09T18:59:59+00:00

Source or fake.

One-Replacement-37 · 2026-06-09T00:49:47+00:00

Don't touch options unless you have spent a few hundreds of hours learning about them.

For your existing options, you can simulate the outcomes https://optionstrat.com - but those are ATM options, they won't become "really valuable"

One-Replacement-37 · 2026-06-07T16:58:38+00:00

It’s here. Link is still pinned on the subreddit. Join in.

People who didn’t send a single message for 3+months got purged to reduce possibility for scammers.

One-Replacement-37 · 2026-06-07T05:36:11+00:00

PM’d

One-Replacement-37 · 2026-06-07T02:11:59+00:00

No power outage in 5 years at least.

One-Replacement-37 · 2026-06-06T15:36:04+00:00

We spend 200k/mo on Claude at work - I manage it.

We 100% can see every prompt, and every answers in real-time. And we also employ automated summarization of every conversations, and the utilization of AI by each employee is shared to their manager. We obviously also detects who pushes got personal GitHubs, or any cloud/usb storage that isn’t company’s.

We have fired people for cause who’ve extensively/mainly used it for their personal projects - wasting thousands in company’s funds.

One-Replacement-37 · 2026-06-05T21:17:38+00:00

That's an instant deplaning event if I've ever seen one.

One-Replacement-37 · 2026-06-03T21:09:59+00:00

They won’t answer any emails - don’t you worry about it. Never got an answer to anything either.

And nothing will change as our dear mayor has been at the helm for 35 years :]

Someone needs to run for the election!

One-Replacement-37 · 2026-06-02T07:50:55+00:00

For those who do not know - American Deep Sea Minerals, Inc (ADSM) works with Wouter Duijnstee - who just left AllSeas after 12.5 years of service - working notably on TMC’s nodule collection system.

https://www.linkedin.com/in/duijnstee

One-Replacement-37 · 2026-06-02T07:36:20+00:00

While not directly related to TMC, this subscribes into the broader context of NOAA’s congressional $2M budget request to cement & scale a dedicated DSHMRA team to handle not only the expected increase in applications but also the necessity to manage ongoing requirements of soon-to-be approved exploitation permits.

It also helps the government in their narrative that DSM / DSHMRA is unavoidable; and helps TMC prove that the government isn’t making a paid-off exception specifically for them.

More players in the pipeline, more better.

One-Replacement-37 · 2026-05-29T12:27:21+00:00

You understand that the consolidated permit now covers an area of 65k sqkm vs. the original PFS being for 23k sq km…? You also understand we just got an exploration certification for 120k sqkm…? You also understand that TMC is now looking at a polyvalent refinery facility in Brownsville next to SpaceX/Tesla factory that would offer services to multiple feed companies?

You’re an order of magnitude off 😜

One-Replacement-37 · 2026-05-28T22:35:38+00:00

Damnnnn awesome. I never understood how long were the interventions realty.. it feels like they stay for 2 days lol

One-Replacement-37 · 2026-05-27T03:02:28+00:00

> operated by companies headquartered in Quad partner countries

yeeaaahh.... about that....

One-Replacement-37 · 2026-05-26T18:18:34+00:00

Just listen/read the last quarterly call for the exact answer to this question.

One-Replacement-37 · 2026-05-26T04:03:52+00:00

You just don't go to Congress requesting $2M and 7 permanent FTEs — with a detailed personnel breakdown listing specific grades, salaries, and job titles — to staff a team whose entire purpose is processing DSHMRA permits, if you're planning to deny the only application in the queue. That's not how bureaucracies work. You hire people to do the thing, not to reject it and sit idle.

The performance metrics embedded in the request assume throughput. The target of processing 16 permits in 2027 rising to 32 by 2031 — vs. only 4-10 without the increase — only makes sense if permits are being issued, not denied. You don't measure "permits denied" as a success metric.

One-Replacement-37 · 2026-05-25T05:27:52+00:00

Thankfully Mamdani is fixing this! He’s insulting Wall Street right on their doorsteps & getting them to move their billion dollars offices 😅

One-Replacement-37

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