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.,

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

Green Car Congress

At a high level, the findings suggest that, compared to mining the land for battery metals, sourcing the needed metals from ocean nodules can deliver: 70% less CO 2 e direct emissions. 90% reduction in SO x and NO x emissions. Canada-based DeepGreen Metals Inc.,

2020 241

Could Sucking Up the Seafloor Solve Battery Shortage?

Cars That Think

The Metals Company has teamed up with three of those, from the tiny Pacific island nations of Kiribati, Nauru and Tonga, to access 150,000 square kilometers that, Shesky says, "have sufficient copper, nickel and cobalt to electrify the world's vehicle fleet several times over."

Nauru 92