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The Metals Company and Low Carbon Royalties form strategic partnership

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Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc. This transaction also offers TMC shareholders exposure to a royalty company that I am confident under Brian’s leadership will become a market leader. NORI and Low Carbon Royalties are a great fit.

Carbon 352
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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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billion (assuming no redemptions) for the combined company, which will be renamed “TMC the metals company Inc.” and operate as The Metals Company upon closing. Rising raw materials prices risk undermining EV manufacturers’ efforts to drive down the cost of EV batteries necessary for mass adoption; and. Source: DeepGreen.

Companies 418
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Hydra Energy partners with Chemtrade to provide commercial truck fleets with green hydrogen below the cost of diesel

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Initially, both companies are focused on one of Chemtrade’s plants in British Columbia with the potential to expand across the country. In Hydra’s case, the company applies a circular economy approach using hydrogen gas already vented as a by-product of manufacturing to fuel fleets.

Hydrogen 301
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CMU study finds taxes on emissions would result in more rapid electrification by ridesharing companies

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Researchers at Carnegie Mellon’s College of Engineering have found that with an emissions-based incentive towards electrification, ridesourcing companies such as Uber and Lyft would electrify more and cut their emissions by amounts ranging from 10% in New York to 22% in Los Angeles. passenger travel demand. Source: Bruchon et al.

Tax 199
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Hyundai Motor to establish hydrogen refueling station for fuel cell electric buses at Incheon Airport with partners, provide buses

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Hyundai Motor Company is partnering with Incheon International Airport Corporation (IIAC), Air Liquide Korea and Hydrogen Energy Network (HyNet) to establish a hydrogen refueling station for fuel cell electric buses at Incheon Airport’s Terminal 2 by March 2021. Hyundai fuel cell bus.

Hyundai 377
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Elon Musk’s Boring Company submits plans for 6.2-mile Loop system in Miami

Teslarati

It appears that Elon Musk’s tunneling startup, The Boring Company, is looking to secure its next big project. As per a recent report, The Boring Company has submitted a proposal to build the North Miami Beach Loop, a 6.2-mile The tunneling startup estimated that the proposed project would cost around $185-$220 million.

Miami 145
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Lithium-ion battery recycler ABTC expands operations and capacity with newly purchased facility

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Most recently in November 2022, ABTC was selected for a competitive US DOE grant for a $20-million project to develop and commercialize a set of next-generation battery recycling technologies to even further enhance the recovery of recycled products and reduce the cost of operations.