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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.

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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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. Source: DeepGreen.

Companies 418
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Wakeup! The Sea Level is Rising & Another Island Nation’s People Are About To Become Climate Change Refugees

Creative Greenius

Only the most ignorant and incompetent among us denies the reality of climate change and what it is bringing our way unless we drastically cut our use of fossil fuels and greenhouse gas emissions. A group of 33 coral atolls straddling the equator in the Pacific Ocean, the Kiribati islands rise only a few metres above sea level.

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Devil In The Details: Is Copenhagens 2 ºC Guardrail Obsolete?

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Global 2ºC maximal warming limit as compared to past and. IPCC reference emissions scenarios, 2000—2100. The dispute has contributed to a significant split among the primary bloc of developing countries, and has highlighted an increased focus on climate adaptation strategies, in addition to emissions reductions, during the talks.

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

Green Car Congress

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?

Cars That Think

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. China processes about 80 percent of battery raw materials, creating a chokehold on global supplies.

Batteries 134