This Ocean Mining Stock Just Got a Green Light From NOAA. Is it a Buy?
Key takeaways
- TMC NVDA The United States is taking aggressive measures to reduce its heavy reliance on foreign nations for critical minerals and rare-earth elements.
- TMC The Metals Company (NASDAQ: TMC) is a company leading the charge and recently received an important regulatory green light to move forward with its ocean mining business.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
TMC NVDA The United States is taking aggressive measures to reduce its heavy reliance on foreign nations for critical minerals and rare-earth elements. Research from The Motley Fool paints a concerning picture: China holds a near-monopoly over rare-earth elements, accounting for 70% of the extraction and 90% of the processing of these important resources. To counter this, the U.S. is investing heavily in revitalizing its domestic supply chains and exploring ocean-floor mining.
TMC The Metals Company (NASDAQ: TMC) is a company leading the charge and recently received an important regulatory green light to move forward with its ocean mining business. Here s what that means for the stock.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »