DeepGreen and Allseas partner to harvest deep sea metals to meet skyrocketing growth in electric vehicle demand
- Allseas, a global leader in offshore pipeline installation, heavy lift and subsea construction, will contribute world-class offshore engineering resources and cash investment to the partnership
- The alliance is expected to propel DeepGreen’s leadership position in the acquisition of base and strategic metals obtained from vast high-grade seafloor polymetallic nodule deposits containing nickel, manganese, copper and cobalt
- Deal is part of USD $150m private equity investment round co-led by Macquarie Capital and Fearnley Securities
Via The Globe and Mail - By 2025, Canada’s DeepGreen aims to be shipping valuable metals derived from nodules gathered from the floor of the Pacific
Gerard Barron and Dr. Gregory Stone chat with Daniel Schmachtenberger on the Collective Insights podcast to define environmental sustainability and discuss how it can coincide with economic growth and prosperity.
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