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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
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The Metals Company and Low Carbon Royalties form strategic partnership

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We think TMC’s NORI project could provide a meaningful supply of energy transition metals and we are excited to serve as a source of long-term capital to TMC’s projects.

Carbon 352
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The Metals Company completes latest deep-sea research campaign

Green Car Congress

As countries invest in large-scale clean energy transition programs and begin to phase out internal combustion engines, hundreds of millions of tons of critical battery metals will be needed to decarbonize the world’s energy and transport systems, according to the International Energy Agency.

Nauru 259
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Deep-sea battery metal developer DeepGreen going public with SPAC to become $2.9B (equity value) The Metals Company

Green Car Congress

The development of this resource offers an abundant, low-cost supply of critical raw materials for EV batteries and wiring including nickel, cobalt, copper and manganese, with a lower lifecycle ESG impact than conventional mining. Earlier post.) Seafloor nodules offer a way to dramatically reduce the environmental bill of this extraction.

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

Green Car Congress

Ocean nodules are a unique resource to consider at a time when society urgently needs a good solution for supplying new virgin metals for the green transition. When deep seawater used in vertical lift transport is reinjected in the mid-water column, it can potentially disrupt the water column with turbidity and an altered temperature.

Battery 269
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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. “The

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Could Sucking Up the Seafloor Solve Battery Shortage?

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The supply of metals like cobalt, copper, lithium, and nickel needed for batteries is already shaky , and soaring demand for the hundreds of millions of batteries in the coming decades is likely to trigger shortage and high prices. China processes about 80 percent of battery raw materials, creating a chokehold on global supplies.

Batteries 138