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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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Sourcing battery metals is the biggest hurdle facing the clean energy transition, and the pipeline of new mining projects on land is insufficient to meet rising demand. We looked at over 100 companies, many of them in the EV and renewable energy space. DeepGreen stands above the rest. —Scott Leonard, CEO of SOAC.

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The Metals Company completes latest deep-sea research campaign

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As countries invest in large-scale clean energy transition programs and begin to phase out internal combustion engines, hundreds of millions of tons of critical battery metals will be needed to decarbonize the world’s energy and transport systems, according to the International Energy Agency.

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