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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. DeepGreen Metals Inc., The transaction represents a pro forma equity value of US$2.9 and operate as The Metals Company upon closing.

Companies 418
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DeepGreen lifecycle analysis argues for sourcing EV battery materials from deep-sea polymetallic nodules

Green Car Congress

They have never been mined on a commercial scale, and plans to develop these ocean resources have been met with opposition from ocean-conservation NGOs concerned about disruptions to seabed ecosystems and inhabitants. —“Where Should Metals For The Green Transition Come From”.

Batteries 269
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UOP looking to biomass catalytic pyrolysis to expand volumes of renewable hydrocarbon fuels

Green Car Congress

In a review of hydroprocessing technologies published in a new paper in the ACS journal Energy & Fuels , Mustafa Al-Sabawi and Jinwen Chen of CanmetENERGY, Natural Resources Canada, note that: “Hydroprocessing of oils, whether petroleum- or biomass- derived, entails hydrotreating and/or hydrocracking technologies. RIMPAC and Green Fleet demo.

Renewable 247
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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."

Batteries 134