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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. to finance the development and production of low-carbon fuels and energy transition metals. NORI and Low Carbon Royalties are a great fit.

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

Green Car Congress

At a high level, the findings suggest that, compared to mining the land for battery metals, sourcing the needed metals from ocean nodules can deliver: 70% less CO 2 e direct emissions. 94% less stored carbon at risk. 90% reduction in SO x and NO x emissions. 100% reduction in solid waste. 94% less land use.

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Could Sucking Up the Seafloor Solve Battery Shortage?

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The Metals Company (previously DeepGreen Metals) in Vancouver expects to be the first to commercially produce metals from these nodules by 2024. Land-based mining is already fraught with environmental destruction, emissions, human rights abuses , and mountains of waste, as well as precarious global supply chains.

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