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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. We looked at over 100 companies, many of them in the EV and renewable energy space. Seafloor polymetallic nodule. Source: DeepGreen.

Companies 418
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UOP looking to biomass catalytic pyrolysis to expand volumes of renewable hydrocarbon fuels

Green Car Congress

Honeywell’s UOP—a major international supplier and licensor of technology for petroleum refining, gas processing, petrochemical production and major manufacturing industries—has also been an early leader in developing technologies for the production of renewable drop-in hydrocarbon fuels. That’s a big sum. Earlier post.)

Renewable 247
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Could Sucking Up the Seafloor Solve Battery Shortage?

Cars That Think

The supply of metals like cobalt, copper, lithium, and nickel needed for batteries is already shaky , and soaring demand for the hundreds of millions of batteries in the coming decades is likely to trigger shortage and high prices. China processes about 80 percent of battery raw materials, creating a chokehold on global supplies.

Batteries 134