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The Metals Company completes latest deep-sea research campaign

Green Car Congress

In 2022, the Company will conduct an initial Prototype Collector Vehicle maneuverability test in the Atlantic Ocean, followed by pilot collection system trials in the CCZ later in the year. TMC’s NORI-D nodule project is the first in the company’s project development pipeline.

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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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billion (assuming no redemptions) for the combined company, which will be renamed “TMC the metals company Inc.” and operate as The Metals Company upon closing. DeepGreen is developing a new, scalable source of EV battery metals in the form of polymetallic nodules found unattached on the seafloor in the Pacific Ocean.

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DeepGreen Metals revises undersea polymetallic nodules resources upwards

Green Car Congress

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. higher), cobalt (5.4%

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Could Sucking Up the Seafloor Solve Battery Shortage?

Cars That Think

Reeling from a crushing shortage of semiconductor chips for vehicles, carmakers also face another looming crisis: producing enough batteries to drive the global pivot towards electric vehicles. Some companies want to harvest metallic treasures from the sea. It's like picking up golf balls on a driving range," says CFO Craig Shesky.

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