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Deep-sea battery metal developer DeepGreen going public with SPAC to become $2.9B (equity value) The Metals Company

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This is generating the world’s largest industrial waste stream and gigatons of emissions, poisoning ecosystems and people’s health, and driving potential labor exploitation including child labor. We looked at over 100 companies, many of them in the EV and renewable energy space. DeepGreen stands above the rest. Source: DeepGreen.

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DeepGreen Metals revises undersea polymetallic nodules resources upwards

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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.

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Could Sucking Up the Seafloor Solve Battery Shortage?

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Texas is top of The Metals Company's list for the processing plant given the state's ports and access to cheap renewables. "We We are committed to turning those rocks into metal using renewable power and with zero solid waste," Shesky says.

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