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The Metals Company contracts CSIRO-led consortium to develop environmental monitoring and management plan for deep-sea nodule collection

Green Car Congress

The Metals Company is an explorer of lower-impact battery metals from seafloor polymetallic nodules, on a dual mission: (1) supply metals for the clean energy transition with the least possible negative environmental and social impact and (2) accelerate the transition to a circular metal economy. Deep sea mining remains controversial.

Kiribati 397
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The Metals Company and Low Carbon Royalties form strategic partnership

Green Car Congress

However, relative to other parts of the value chain, global investment in mining of energy transition metals is lagging. We think TMC’s NORI project could provide a meaningful supply of energy transition metals and we are excited to serve as a source of long-term capital to TMC’s projects.

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

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. 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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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 133
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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 Ocean nodules are a unique resource to consider at a time when society urgently needs a good solution for supplying new virgin metals for the green transition.

Batteries 269
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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. The 2 ºC maximal warming limit was cited at the UN Conference on the Human Environment in Stockholm in 1972, and revisited several decades later, in 1995, by the Wissenschaftlicher Beirat Globale Unweltveränderungen (WGBU), Germany’s national advisory council on climate change.