DeepGreen Metals and Allseas Group have agreed to form a strategic partnership that will unite DeepGreen’s experience in exploring for high-grade metals obtained from seafloor polymetallic nodule deposits with Allseas’ offshore engineering capabilities.
The deal will allow DeepGreen to develop a state-of-the-art polymetallic nodule harvester and riser system to gather nodules from the seafloor of the Clarion Clipperton Zone (CCZ) in the Pacific – and then transport them up to a surface vessel 6,500m above.
“Our partnership with Allseas will help us open up a new, disruptive source of battery metals for the green revolution and transform the mining industry as we know it,” says DeepGreen CEO, Gerard Barron.
“This new industry needs world-class innovative companies that can bring expertise from other industries to help us get things moving.
“Allseas was founded by a creative engineer, and today employs 600-plus full time engineers with more than 200 engineers working in the innovation and R&D function.
“Extracting battery metals like nickel and cobalt from terrestrial mines is facing many challenges – and the environmental, CO2, and social costs are simply too high.
“Seafloor polymetallic nodules contain more than enough of the base metals the world needs to get to a clean energy economy – and they require no blasting, drilling or digging.
“Indeed, our life cycle sustainability analysis shows that – with regards to NMC batteries with copper connectors for electric vehicles – ocean nodules generate at least 75% less CO2 compared to producing these metals from land ores.
“Together with Allseas, we’ll engineer a deep ocean nodule harvesting system that will have minimal impact to the deep sea environment, enabling us to bring clean metals to market in order to power some of the one billion electric vehicles that are forecast to be produced over the coming three decades.”