The Metals Royalty Company Inc. acquires and manages metals and mineral royalties, streams, and related interests in North America. Its primary holding is a 2.0% interest in the NORI property, a polymetallic nodule project located southwest of San Diego, California. The company was formerly known as Low Carbon Royalties Inc. and changed its name to The Metals Royalty Company Inc. in September 2025. Incorporated in 2022, it is based in Calgary, Canada.