Remove Global Remove Manufacturer Remove Nauru Remove Waste
article thumbnail

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. Rising raw materials prices risk undermining EV manufacturers’ efforts to drive down the cost of EV batteries necessary for mass adoption; and.

Companies 418
article thumbnail

DeepGreen Metals revises undersea polymetallic nodules resources upwards

Green Car Congress

DeepGreen Metals, which is exploring for deep-ocean polymetallic nodules as a lower impact and more cost-effective alternative to land-based mining ( earlier post ), announced an upward revision to the nodule resource reported within the NORI-D exploration contract area held by its subsidiary, Nauru Ocean Resources, Inc. higher), cobalt (5.4%

Nauru 355
article thumbnail

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. 100% reduction in solid waste. 94% less stored carbon at risk. 90% reduction in SO x and NO x emissions. 94% less land use. 93% less wildlife at risk. 94% less land use.

Batteries 269