TMC warns US may lose Cook Islands seafloor to China
TMC CEO Gerard Barron praised US-Cook Islands seabed talks but warned China could dominate if the US doesn't "show some love". The US move follows China's deal with the island nation for deep-sea exploration. TMC shares have surged 4-fold in 2025 amid bullish sentiment and a projected $23.6 billion value from its Pacific seabed mining zones.