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The Metals Company and Low Carbon Royalties form strategic partnership

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gross overriding royalty on a producing natural gas field in Latin America, providing exposure to a lower-carbon transition fuel aligned with government emissions reduction policies. However, relative to other parts of the value chain, global investment in mining of energy transition metals is lagging.

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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 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. Seafloor polymetallic nodule. The nodules are unattached to the seafloor; i.e., there is no need for drilling and blasting. Earlier post.)

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

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Taking that as a baseline, if 1 billion cars are replaced with EVs (the current global light-duty vehicle parc is soe 1.3 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. 100% reduction in solid waste.

Batteries 269
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Could Sucking Up the Seafloor Solve Battery Shortage?

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Reeling from a crushing shortage of semiconductor chips for vehicles, carmakers also face another looming crisis: producing enough batteries to drive the global pivot towards electric vehicles. Raw materials nodule The Metals Company Agencies from seventeen nations have exploration contracts in the CCZ from the International Seabed Authority.

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