Green Car Congress

JULY 14, 2022

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. Deep sea mining remains controversial.

Nauru 397

Nauru Kiribati Tonga Companies 397

Green Car Congress

FEBRUARY 22, 2023

However, relative to other parts of the value chain, global investment in mining of energy transition metals is lagging. —Gerard Barron, Chairman and CEO of The Metals Company The world’s transition to a low-carbon future requires a generational change in our energy production and infrastructure.

Carbon 352

Carbon Companies Nauru Kiribati 352

Green Car Congress

APRIL 23, 2020

Taking that as a baseline, if 1 billion cars are replaced with EVs (the current global light-duty vehicle parc is soe 1.3 They have never been mined on a commercial scale, and plans to develop these ocean resources have been met with opposition from ocean-conservation NGOs concerned about disruptions to seabed ecosystems and inhabitants.

Battery 269

Battery Batteries Tonga Water 269

Green Car Congress

MARCH 5, 2021

The estimated resource on the seafloor in the exploration contract areas held by the company’s subsidiaries is sufficient for 280 million EVs—a quarter of the global passenger car fleet. Seafloor polymetallic nodule. The nodules are unattached to the seafloor; i.e., there is no need for drilling and blasting. DeepGreen Metals Inc.

Companies 418

Companies Battery Batteries Nauru 418

Cars That Think

SEPTEMBER 13, 2021

Reeling from a crushing shortage of semiconductor chips for vehicles, carmakers also face another looming crisis: producing enough batteries to drive the global pivot towards electric vehicles. The Metals Company (previously DeepGreen Metals) in Vancouver expects to be the first to commercially produce metals from these nodules by 2024.

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Batteries Battery Hawaii Nauru 138