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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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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. Earlier post.)

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

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Through these relationships with the Republic of Nauru, the Republic of Kiribati and the Kingdom of Tonga, DeepGreen has exclusive rights under the International Seabed Authority to explore for polymetallic nodules in regions of the Clarion Clipperton Zone of the Pacific Ocean.

Battery 269
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UOP looking to biomass catalytic pyrolysis to expand volumes of renewable hydrocarbon fuels

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Honeywell’s UOP—a major international supplier and licensor of technology for petroleum refining, gas processing, petrochemical production and major manufacturing industries—has also been an early leader in developing technologies for the production of renewable drop-in hydrocarbon fuels. RIMPAC and Green Fleet demo.

Renewable 247
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Could Sucking Up the Seafloor Solve Battery Shortage?

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Raw materials nodule The Metals Company Agencies from seventeen nations have exploration contracts in the CCZ from the International Seabed Authority. Land-based mining is already fraught with environmental destruction, emissions, human rights abuses , and mountains of waste, as well as precarious global supply chains.

Battery 143