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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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The development of this resource offers an abundant, low-cost supply of critical raw materials for EV batteries and wiring including nickel, cobalt, copper and manganese, with a lower lifecycle ESG impact than conventional mining. DeepGreen Metals Inc., The transaction represents a pro forma equity value of US$2.9 Source: DeepGreen.

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

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The refining technology is probably about $4-5/barrel more expensive to make renewable diesel out of fats and greases.there’s not a lot of extra cost on the refining technology. There are two drivers to the cost of production: the feedstock cost and the yield of product. Lowering hydrogen costs would thus lower production costs.

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