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Deep-sea battery metal developer DeepGreen going public with SPAC to become $2.9B (equity value) The Metals Company

Green Car Congress

The estimated resource on the seafloor in the exploration contract areas held by the company’s subsidiaries is sufficient for 280 million EVs—a quarter of the global passenger car fleet. DeepGreen Metals Inc., The transaction represents a pro forma equity value of US$2.9 and operate as The Metals Company upon closing. Source: DeepGreen.

Companies 418
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DeepGreen lifecycle analysis argues for sourcing EV battery materials from deep-sea polymetallic nodules

Green Car Congress

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

Green Car Congress

UOP is moving faster commercially on the Green Diesel side, with the Diamond Green project with Darling International and Valero Energy nearly complete. Military personnel from Colombia, India, Indonesia, Malaysia, Netherlands, Norway, Peru, Republic of Philippines, Thailand, Tonga and the United Kingdom will also participate.

Renewable 247
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Could Sucking Up the Seafloor Solve Battery Shortage?

Cars That Think

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. The question is where should you go to get that metal?

Batteries 137