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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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Ensuring this critical supply of battery metals is essential to the transition from internal combustion engines to EVs, which faces the following risks, according to DeepGreen: A slump in discovery of new metal deposits could lead to shortages in key metals such as nickel and copper from 2024-2025 onwards; Source: DeepGreen. Earlier post.)

Companies 418
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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. 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. 94% less stored carbon at risk. 90% reduction in SO x and NO x emissions.

Batteries 269
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UOP looking to biomass catalytic pyrolysis to expand volumes of renewable hydrocarbon fuels

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Honeywell’s UOP—a major international supplier and licensor of technology for petroleum refining, gas processing, petrochemical production and major manufacturing industries—has also been an early leader in developing technologies for the production of renewable drop-in hydrocarbon fuels. Earlier post.)

Renewable 247
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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. We are committed to turning those rocks into metal using renewable power and with zero solid waste," Shesky says. And the nodules themselves are habitat to thousands of microorganisms.

Batteries 132