Remove Commercial Remove International Remove Kiribati
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 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. Earlier post.).

Nauru 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

Ensuring this critical supply of battery metals is essential to the transition from internal combustion engines to EVs, which faces the following risks, according to DeepGreen: A slump in discovery of new metal deposits could lead to shortages in key metals such as nickel and copper from 2024-2025 onwards; Source: DeepGreen. Earlier post.)

Companies 418
article thumbnail

DeepGreen lifecycle analysis argues for sourcing EV battery materials from deep-sea polymetallic nodules

Green Car Congress

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
article thumbnail

Could Sucking Up the Seafloor Solve Battery Shortage?

Cars That Think

The Metals Company (previously DeepGreen Metals) in Vancouver expects to be the first to commercially produce metals from these nodules by 2024. Raw materials nodule The Metals Company Agencies from seventeen nations have exploration contracts in the CCZ from the International Seabed Authority.

Batteries 138