The Metals Royalty Company Inc. engages in the acquisition and management of metals and mineral royalties, streams, and other related interests in North America. The company primarily holds a 2.0% interest in the NORI property, a polymetallic nodule project located in 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. The Metals Royalty Company Inc. was incorporated in 2022 and is based in Calgary, Canada.