Metals Company expects key regulatory milestone for US seabed mining plans by mid-December (November 9)

The Metals Company said on Monday the US National Oceanic and Atmospheric Administration is expected to make a certification decision by mid-December on the consolidated application ‌for a deep-sea exploration license and commercial recovery permit submitted by its US unit, a key step in its ‌seabed mining plans.

Shares of the company were up 13% in morning trading. Here are more details: