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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. DeepGreen Metals Inc., The transaction represents a pro forma equity value of US$2.9 and operate as The Metals Company upon closing. Source: DeepGreen.

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

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In a review of hydroprocessing technologies published in a new paper in the ACS journal Energy & Fuels , Mustafa Al-Sabawi and Jinwen Chen of CanmetENERGY, Natural Resources Canada, note that: “Hydroprocessing of oils, whether petroleum- or biomass- derived, entails hydrotreating and/or hydrocracking technologies. Hydroprocessing.

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