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

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This is generating the world’s largest industrial waste stream and gigatons of emissions, poisoning ecosystems and people’s health, and driving potential labor exploitation including child labor. The combined company will continue to be led by Gerard Barron, DeepGreen Chairman and CEO. DeepGreen Metals Inc. Source: DeepGreen.

Companies 418
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DeepGreen lifecycle analysis argues for sourcing EV battery materials from deep-sea polymetallic nodules

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100% reduction in solid waste. 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. 94% less stored carbon at risk. 90% reduction in SO x and NO x emissions.

Battery 269
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Could Sucking Up the Seafloor Solve Battery Shortage?

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The Metals Company (previously DeepGreen Metals) in Vancouver expects to be the first to commercially produce metals from these nodules by 2024. We are committed to turning those rocks into metal using renewable power and with zero solid waste," Shesky says. And the nodules themselves are habitat to thousands of microorganisms.

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