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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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This is generating the world’s largest industrial waste stream and gigatons of emissions, poisoning ecosystems and people’s health, and driving potential labor exploitation including child labor. We are getting into this industry with a deep commitment to ocean health and a clear stop date in mind. Transaction overview. Source: DeepGreen.

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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.

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

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100% reduction in solid waste. 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. 94% less stored carbon at risk. 94% less land use.

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