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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.,

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.

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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 1.3 100% reduction in solid waste. Canada-based DeepGreen Metals Inc.,

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