Press Releases

Moderate Quake Hits Pacific Island Nation of Tonga

(MENAFN) A moderate earthquake measuring 5.6 on the Richter scale struck the Pacific island nation of Tonga on Thursday, with no immediate tsunami warnings reported, according to the German Research Center for Geosciences (GEOFON). The seismic...

Lavrov: Trump’s Gaza Plan Insufficient to Resolve Palestinian Issue

(MENAFN) Russian Foreign Minister Sergey Lavrov has described US President Donald Trump’s Gaza peace proposal as “the best thing on the negotiating table at the moment,” while acknowledging it falls short of fully resolving the broader...

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

The Kingdom of Tonga and TMC’s subsidiary, Tonga Offshore Mining Ltd (TOML), signed a revised Sponsorship Agreement, updating the terms of their agreement signed in 2021 The Government of the Kingdom of Tonga welcomes the new agreement which will...

Experts: Tonga Volcano Eruption Triggers Unprecedented Climate Impacts

(MENAFN) The 2022 Hunga volcano eruption in Tonga unleashed an extraordinary steam plume, causing unprecedented climate effects, primarily driven by water vapor rather than sulfur, according to New Zealand and Tongan scientists. In a collaborative...

World First: TMC USA Submits Application for Commercial Recovery of Deep-Sea Minerals in the High Seas Under U.S. Seabed Mining Code

Following last week’s Executive Order, ‘Unleashing America’s Offshore Critical Minerals and Resources’, TMC USA has submitted applications to the National Oceanic and Atmospheric Administration (NOAA) for two exploration licenses and one...

The Metals Company to Apply for Permits under Existing U.S. Mining Code for Deep-Sea Minerals in the High Seas in Second Quarter of 2025

Following successful mining tests by U.S. consortia and pioneering environmental impact assessment by the National Oceanic and Atmospheric Administration (NOAA) in the Clarion Clipperton Zone (CCZ) in the 1970s, the United States Congress passed...

World First: TMC and PAMCO Achieve a New Nodule Processing Milestone, Unlocking Critical Energy & Steelmaking Materials at Existing Facilities

TMC and PAMCO have successfully demonstrated the production flowsheet for its initial commercial production using a 2,000-tonne sample of nodules collected during TMC subsidiary Nauru Ocean Resources Inc.’s 2022 test mining, at PAMCO’s commercial...

RexoSwap Promotes Bitcoin Payment Pilot in Tonga, Strengthening Global Compliance Development

New York, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Recently, the leading digital asset trading platform RexoSwap announced its formal support for Tonga's Bitcoin payment pilot project, helping the country establish a more modern digital payment...

ADB, Solomon Islands, Tonga Sign Agreements for Sustainable Energy Transition Projects at COP29

BAKU, AZERBAIJAN (20 November 2024) — The Asian Development Bank (ADB) and the governments of Solomon Islands and Tonga have signed grant and loan agreements for energy projects on the sidelines of COP29. The ADB-supported projects will help the...

Trade, Industry and Competition partners with Nkomazi Local Municipality to empower entrepreneurs

The dtic partners with Nkomazi Local Municipality to empower entrepreneurs The Department of Trade, Industry and Competition (the dtic), in partnership with the Nkomazi Local Municipality and Siboshwa Traditional Council will host an interactive...

LEAP, globally popular software for energy, climate mitigation, and air pollution planning, to be offered free to an additional 54 countries

Screenshot from LEAP: Emissions variations by location. The countries eligible for free LEAP licenses now include all upper-middle-countries and most Small Island Developing States (SIDS), making the tool freely available to governments,...

CGTN: What's new about China's 2035 Nationally Determined Contributions

BEIJING, Sept. 24, 2025 (GLOBE NEWSWIRE) -- President Xi Jinping on Wednesday unveiled China's 2035 Nationally Determined Contributions (NDCs), pledging to reduce economy-wide net greenhouse gas emissions by 7 percent to 10 percent from peak...

WTO Agreement on Fisheries Subsidies enters into force

The Agreement on Fisheries Subsidies is the WTO's first multilateral agreement with environmental sustainability at its core. It prohibits government support to illegal fishing activities and overexploitation of stocks, contributing to the...

Critical Minerals Market Expected to Reach $586 Billion by 2032 as Demand Grows for Supply of Essential Minerals

PALM BEACH, Fla., Sept. 09, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Industry experts project that the global critical minerals market will continue maintaining substantial growth as it has in recent years. The global critical...

The Metals Company Announces Second Quarter 2025 Corporate Update

NEW YORK, Aug. 14, 2025 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC”, the “Company” or “we”), a leading developer of the world’s largest estimated undeveloped resource of critical metals essential to energy, defense,...

Global Times: How China-PICs climate cooperation implements GGI to bridge North-South development gap

Beijing, China, Sept. 15, 2025 (GLOBE NEWSWIRE) -- A refreshing early autumn breeze arrives as expected in September. Inside a classroom in Liaocheng, East China's Shandong Province, a miniature "United Nations" has taken shape. From Samoa in the...

Australia Kicks Off Historic Talisman Sabre War Games

(MENAFN) Australia kicked off its most expansive and complex military drill to date, Exercise Talisman Sabre 2025, with an official ceremony held Sunday aboard the HMAS Adelaide, according to a statement from the Defense Ministry. Now in its 11th...

Rutger Bosland, Pioneering Engineer and Technical Lead on Development of TMC’s Nodule Collection System, Joins Company to Drive Commercial Readiness

Rutger Bosland, the engineer and technical lead who oversaw the design, build and successful test deployment of Allseas’ integrated nodule collection system, joins TMC to lead offshore innovation and scale its technologies for commercial...

TMC and Nauru Announce Updated Sponsorship Agreement for Nauru Ocean Resources Inc. (NORI)

The Government of Nauru and TMC’s subsidiary, Nauru Ocean Resources Inc. (NORI), signed a revised Sponsorship Agreement updating the terms of their agreement signed in 2017 The President of Nauru welcomes the new agreement which will ensure that...

Media reports more African nations face US visa prohibition

(MENAFN) The United States intends to widen its controversial travel restrictions to citizens from 36 additional countries, with 25 of them located in Africa, according to an internal State Department memo reported by The Washington Post over the...