TMC and Tonga Announce Updated Sponsorship Agreement for Tonga Offshore Mining Ltd (TOML)

NEW YORK, Aug. 04, 2025 (GLOBE NEWSWIRE) -- The Government of the Kingdom of Tonga and its sponsored entity, Tonga Offshore Mining Ltd, together with TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”) — a leading developer of the world’s largest undeveloped resource of critical metals essential to energy, defense, manufacturing, and infrastructure — today announced the signing of a revised Sponsorship Agreement (“Agreement”), updating the terms of the Agreement signed between the parties in 2021.