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The Metals Company and Low Carbon Royalties form strategic partnership

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As the world’s #1 largest undeveloped nickel project, NORI can move the needle on energy transition metals both in terms of volume as well as low carbon cost of production, and the NORI Royalty can become the cornerstone asset as LCR builds its portfolio of other royalty streams in the coming years.

Carbon 352
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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 plan is simple: produce better metals to supply the EV transition, while building up enough metal stock to stop extracting from the planet and enable society to live off recycled metals. We are getting into this industry with a deep commitment to ocean health and a clear stop date in mind. —Gerard Barron, DeepGreen Chairman and CEO.

Companies 418
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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.

Nauru 355
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DeepGreen lifecycle analysis argues for sourcing EV battery materials from deep-sea polymetallic nodules

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The study provides an in-depth comparison of the cradle-to-gate impacts of producing metals from land ores and polymetallic nodules, both sources of the nickel, cobalt, copper and manganese required to build one billion EV batteries.

Batteries 269