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DeepGreen Metals revises undersea polymetallic nodules resources upwards

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DeepGreen Metals, which is exploring for deep-ocean polymetallic nodules as a lower impact and more cost-effective alternative to land-based mining ( earlier post ), announced an upward revision to the nodule resource reported within the NORI-D exploration contract area held by its subsidiary, Nauru Ocean Resources, Inc.

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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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This is generating the world’s largest industrial waste stream and gigatons of emissions, poisoning ecosystems and people’s health, and driving potential labor exploitation including child labor. Source: DeepGreen.

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

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100% reduction in solid waste. This means that producing metals from nodules has the potential to generate almost zero solid waste and no toxic tailings, as opposed to terrestrial mining processes which produce billions of tonnes of waste and can leak deadly toxins into soil and water resources. 94% less stored carbon at risk.

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Could Sucking Up the Seafloor Solve Battery Shortage?

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"We are committed to turning those rocks into metal using renewable power and with zero solid waste," Shesky says. Land-based mining is already fraught with environmental destruction, emissions, human rights abuses , and mountains of waste, as well as precarious global supply chains.

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