A ‘new generation’ of sponsorship agreements for deep sea mining operations between The Metals Company (TMC) subsidiaries and their sponsoring states is evolving. On May 29th, 2025 The Republic of Nauru (Nauru) and Nauru Ocean Resources Inc. (NORI) concluded an amended version of their sponsorship agreement (Nauru-SA). Similarly, on August 4th, 2025 the Government of
