Remove Economy 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 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.

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

Devil In The Details: Is Copenhagens 2 ºC Guardrail Obsolete?

Green Car Congress

Such perception is at odds with most projections; for example, the International Scientific Congress on Climate Change suggested in March that while some societies might be able to cope with a “two-degree world” through aggressive adaptive strategies, impacts could be “significant” even below 2 ºC.