article thumbnail

The Metals Company and Low Carbon Royalties form strategic partnership

Green Car Congress

Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc. This transaction also offers TMC shareholders exposure to a royalty company that I am confident under Brian’s leadership will become a market leader.

Carbon 352
article thumbnail

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

Green Car Congress

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. We looked at over 100 companies, many of them in the EV and renewable energy space. DeepGreen Metals Inc., DeepGreen stands above the rest. Transaction overview.

Companies 418
article thumbnail

An Undersea Cable Could Fill In the Gaps on Fiber-Optic Maps

Cars That Think

Even as Google and Meta set their sights on building entirely new lines that will drastically boost the continent’s capacity, those lines hug well-trodden, predictable routes. Earlier this year, a volcanic eruption in Tonga severed the cable that served the island country, forcing rescue parties to rely on poor-quality satellite connections.

article thumbnail

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

Green Car Congress

a company focused on sourcing metals with the least environmental and societal impact, has released the results of a year-long study it commissioned into the impacts of sourcing metals to produce battery cathodes and wiring for electric vehicles (EVs). Canada-based DeepGreen Metals Inc.,

Batteries 269
article thumbnail

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

Green Car Congress

Military personnel from Colombia, India, Indonesia, Malaysia, Netherlands, Norway, Peru, Republic of Philippines, Thailand, Tonga and the United Kingdom will also participate. Simultaneously, we are building the plant in Hawaii with the help of the DOE grant.

Renewable 247