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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 development of this resource offers an abundant, low-cost supply of critical raw materials for EV batteries and wiring including nickel, cobalt, copper and manganese, with a lower lifecycle ESG impact than conventional mining. Source: DeepGreen. Earlier post.) —Gerard Barron, DeepGreen Chairman and CEO. Transaction overview.

Companies 418
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DeepGreen lifecycle analysis argues for sourcing EV battery materials from deep-sea polymetallic nodules

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Ocean nodules are a unique resource to consider at a time when society urgently needs a good solution for supplying new virgin metals for the green transition. When deep seawater used in vertical lift transport is reinjected in the mid-water column, it can potentially disrupt the water column with turbidity and an altered temperature.

Batteries 269