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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. Source: DeepGreen. Earlier post.) —Gerard Barron, DeepGreen Chairman and CEO. DeepGreen Metals Inc.

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

Green Car Congress

100% reduction in solid waste. 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. 94% less stored carbon at risk. 90% reduction in SO x and NO x emissions. 94% less land use. 93% less wildlife at risk.

Battery 269
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Could Sucking Up the Seafloor Solve Battery Shortage?

Cars That Think

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. "We China processes about 80 percent of battery raw materials, creating a chokehold on global supplies.

Batteries 138