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The Metals Company and Low Carbon Royalties form strategic partnership

Green Car Congress

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. The NORI Royalty has been added to the LCR portfolio that contains a 1.6% NORI and Low Carbon Royalties are a great fit.

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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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Ensuring this critical supply of battery metals is essential to the transition from internal combustion engines to EVs, which faces the following risks, according to DeepGreen: A slump in discovery of new metal deposits could lead to shortages in key metals such as nickel and copper from 2024-2025 onwards; Source: DeepGreen. Earlier post.)

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

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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. 94% less stored carbon at risk. 100% reduction in solid waste. 94% less land use. 93% less wildlife at risk.

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Could Sucking Up the Seafloor Solve Battery Shortage?

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Raw materials nodule The Metals Company Agencies from seventeen nations have exploration contracts in the CCZ from the International Seabed Authority. Land-based mining is already fraught with environmental destruction, emissions, human rights abuses , and mountains of waste, as well as precarious global supply chains.

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