The Metals Company and Low Carbon Royalties form strategic partnership
Green Car Congress
FEBRUARY 22, 2023
TMC and LCR have agreed to a purchase and sale agreementwhereby LCR has acquired a 2.0% gross overriding royalty on a producing natural gas field in Latin America, providing exposure to a lower-carbon transition fuel aligned with government emissions reduction policies. In consideration for the NORI Royalty, TMC received a 35.0%
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