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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. Source: DeepGreen.

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

Green Car Congress

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

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. Hydroprocessing.

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Could Sucking Up the Seafloor Solve Battery Shortage?

Cars That Think

"We are committed to turning those rocks into metal using renewable power and with zero solid waste," Shesky says. Land-based mining is already fraught with environmental destruction, emissions, human rights abuses , and mountains of waste, as well as precarious global supply chains.

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