Deep-sea battery metal developer DeepGreen going public with SPAC to become $2.9B (equity value) The Metals Company
Green Car Congress
MARCH 5, 2021
Rising raw materials prices risk undermining EV manufacturers’ efforts to drive down the cost of EV batteries necessary for mass adoption; and. Like fossil fuel extraction, conventional metals extraction comes at a steep cost to people and the planet, leading to vast deforestation in some of the most biodiverse areas on the planet.
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