Remove Clean Remove Economy Remove Nauru
article thumbnail

The Metals Company contracts CSIRO-led consortium to develop environmental monitoring and management plan for deep-sea nodule collection

Green Car Congress

The Metals Company is an explorer of lower-impact battery metals from seafloor polymetallic nodules, on a dual mission: (1) supply metals for the clean energy transition with the least possible negative environmental and social impact and (2) accelerate the transition to a circular metal economy. Deep sea mining remains controversial.

Kiribati 397
article thumbnail

The Metals Company and Low Carbon Royalties form strategic partnership

Green Car Congress

The company through its subsidiaries holds exploration and commercial rights to three polymetallic nodule contract areas in the Clarion-Clipperton Zone of the Pacific Ocean regulated by the International Seabed Authority and sponsored by the governments of Nauru, Kiribati and the Kingdom of Tonga.

Carbon 352
article thumbnail

Deep-sea battery metal developer DeepGreen going public with SPAC to become $2.9B (equity value) The Metals Company

Green Car Congress

Sourcing battery metals is the biggest hurdle facing the clean energy transition, and the pipeline of new mining projects on land is insufficient to meet rising demand. The reality is that the clean energy transition is not possible without taking billions of tons of metal from the planet. —Scott Leonard, CEO of SOAC.

Companies 418