View settings100% · M+I+I · Resources excl. reserves · Native commodities

Reporting assumptions

These choices persist and are added to shared URLs.

Ownership basis

Show the full project inventory before ownership adjustment.

Display scale

Display contained quantities in millions of ounces or tonnes.

Resource treatment

Normalise Resources to exclude Reserves: where a project is flagged inclusive, net Reserves out of Resources so the figure is additional Resources beyond Reserves. Unknown-convention rows are shown as stated.

Resource total

Total Resource includes Inferred (JORC convention). Totals are re-derived from category rows wherever the document discloses them.

Recovery basis

Show the issuer's headline recoverable figure as reported. Lithium-brine reserves already have the brine-processing recovery factor applied; everything else is shown as stated.

Commodity view

Primary view: each commodity in its own contained unit (oz / t).

Projects — Ni

Every tracked project across listed producers and developers (ASX, TSX, NYSE, LSE), with current approved totals on the selected basis. Click a column header to sort. An inc / exc tag marks the rows whose stated-Resources convention (inclusive vs exclusive of Reserves) is the minority in the current view — the Resources toggle normalises flagged projects onto one basis either way. All projects currently shown report Resources exclusive of Reserves, so no rows are tagged. Co-owned (JV) deposits appear once per filer with a JV tag naming the partners; on the 100% basis every filer's row shows the full deposit, so the cohort-median row (and the Regions rollup) counts each deposit once — the largest-share filer's copy. On the attributable basis the partners' shares complement and all rows count. The CSV export carries the deposit key so downstream sums can apply the same rule.

Peer	Project	Company	Ticker	Location	Stage

Cohort median — 5 projects in the current filter							5.07 Mt Ni	1.35%	0.71 Mt Ni	1.40%	—
	NORI Area B	TMC the metals Co Inc.	NASDAQ:TMC	International Waters (CCZ)	Exploring	100.0%	0.51 Mt Ni	1.43%	—	—	31 Dec 2025
	NORI Area A	TMC the metals Co Inc.	NASDAQ:TMC	International Waters (CCZ)	Exploring	100.0%	0.97 Mt Ni	1.35%	—	—	31 Dec 2025
	NORI Area C	TMC the metals Co Inc.	NASDAQ:TMC	International Waters (CCZ)	Exploring	100.0%	5.07 Mt Ni	1.26%	—	—	31 Dec 2025
	NORI Area D	TMC the metals Co Inc.	NASDAQ:TMC	International Waters (CCZ)	Developing	100.0%	5.25 Mt Ni	1.40%	0.71 Mt Ni	1.40%	31 Dec 2025
	TOML	TMC the metals Co Inc.	NASDAQ:TMC	International Waters (CCZ)	Exploring	100.0%	9.95 Mt Ni	1.30%	—	—	31 Dec 2025