Remove Commercial Remove Future Remove Global Remove Tonga
article thumbnail

The Metals Company contracts CSIRO-led consortium to develop environmental monitoring and management plan for deep-sea nodule collection

Green Car Congress

The work will form the scientific foundation of TMC’s future Adaptive Management System (AMS), a predictive system that will use environmental and operational data to enable the company to mitigate operational impacts in the deep-sea environment as much as possible. —Gerard Barron, Chairman and CEO of The Metals Company. Earlier post.).

Nauru 397
article thumbnail

The Metals Company and Low Carbon Royalties form strategic partnership

Green Car Congress

gross overriding royalty on any future revenue derived from TMC’s NORI area in the Clarion Clipperton Zone of the Pacific Ocean. —Gerard Barron, Chairman and CEO of The Metals Company The world’s transition to a low-carbon future requires a generational change in our energy production and infrastructure.

Carbon 352
article thumbnail

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

Green Car Congress

Taking that as a baseline, if 1 billion cars are replaced with EVs (the current global light-duty vehicle parc is soe 1.3 They have never been mined on a commercial scale, and plans to develop these ocean resources have been met with opposition from ocean-conservation NGOs concerned about disruptions to seabed ecosystems and inhabitants.

Batteries 269