<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <schemaVersion>X0202</schemaVersion>
<headerData>
    <submissionType>SCHEDULE 13G</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Paes%2DBraga Brian -->
          <cik>0002122616</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>


    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <securitiesClassTitle>Common shares without par value</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>03/31/2026</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0002087398</issuerCik>
        <issuerName>Metals Royalty Co Inc.</issuerName>
        <issuerCusips>
          <issuerCusipNumber>591322102</issuerCusipNumber>
        </issuerCusips>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>1900 DOME TOWER</com:street1>
          <com:street2>333 7TH AVE SW</com:street2>
          <com:city>CALGARY</com:city>
          <com:stateOrCountry>A1</com:stateOrCountry>
          <com:zipCode>T2P 2Z1</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(d)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Paes-Braga Brian</reportingPersonName>
      <citizenshipOrOrganization>A1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>13972630.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>13972630.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>13972630.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>25.4</classPercent>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
      <comments>The percent of Common Shares beneficially owned by the Reporting Person was calculated based on 55,061,113 Common Shares issued and outstanding as described in the issuer's Registration Statement on Form 20-F filed with the Securities and Exchange Commission on April 27, 2026.</comments>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>Metals Royalty Co Inc.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>1900 DOME TOWER, 333 7TH AVE SW, Calgary, AB, T2P 2Z1.</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Brian Paes-Braga, Chief Executive Officer and Chairman of the Issuer.</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>1900 DOME TOWER, 333 7TH AVE SW, Calgary, AB, T2P 2Z1.</principalBusinessOfficeOrResidenceAddress>
        <citizenship>BRITISH COLUMBIA, CANADA</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>13,972,630</amountBeneficiallyOwned>
        <classPercent>25.4%</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>13,972,630</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>13,972,630</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>0</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>Y</notApplicableFlag>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>Paes-Braga Brian</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Brian Paes-Braga</signature>
        <title>Brian Paes-Braga</title>
        <date>05/15/2026</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
