Peer-Reviewed Lifecycle Analysis Shows Conventional Production of EV Battery Metals Will Generate Significant Waste Streams But Could Be Reduced By Using Deep-Sea Nodules

Solid waste by metal

Increased production of battery metals will generate significant waste streams which could be reduced by using deep-sea polymetallic nodules

  • Peer-reviewed research commissioned by The Metals Company and published in the Yale Journal of Industrial Ecology finds that producing four key battery metals (nickel, copper, cobalt, manganese) from seafloor polymetallic nodules could reduce lifecycle solid waste by 59-93% compared to land ores.
  • Researchers modelled solid waste streams over the lifecycle of metal production, including mining, processing and refining, using a wide range of production pathways for both land ores and nodules.
  • Their analysis shows that producing electric vehicle (EV) battery metal feedstocks from land ores would on average generate over 270 kg of waste per every kg of nickel and 460 kg of waste per every kg of copper while nodule-derived values would be 83 and 29 kg of waste, respectively.
  • Booming demand for energy transition metals and a historic decline in ore grades on land have led to increased growth of solid waste streams which are likely to intensify as terrestrial mining continues its expansion into forested carbon sinks.
  • Polymetallic nodules lie unattached on the seafloor in the Clarion Clipperton Zone (CCZ) and contain high grades of four metals in a single ore, no toxic levels of heavy elements, and can be collected without digging, drilling or blasting.

NEW YORK, Jan. 31, 2022 (GLOBE NEWSWIRE) —  As the world faces a myriad of challenges in transitioning to clean energy, new research shows that seafloor polymetallic nodules could help meet massive new demand for EV battery metals like nickel while significantly reducing — and in some scenarios eliminating — the solid waste streams typically generated by metal production from land ores.

Published in the Yale Journal of Industrial Ecology, the new peer-reviewed study starts with a demand scenario of producing four metals (nickel, cobalt, manganese, copper) to supply one billion 75KWh EV batteries with a cathode chemistry of NMC 811 (80% nickel, 10% manganese, 10% cobalt). It then compares the solid waste streams generated during the production of these four metals from two sources: conventional ores found on land and polymetallic nodules with high concentrations of four metals in a single ore found on the seafloor of the Clarion Clipperton Zone (CCZ) of the Pacific Ocean.

Daina Paulikas of the University of Delaware’s Minerals, Materials and Society Program, said: “Over the past three years, my co-authors and I have undertaken a series of systems-based analyses considering comparative impacts of metals produced using seafloor nodules vs. land-based ores, including a peer-reviewed study on climate change impacts which noted up to a 90% reduction when sourcing metals from nodules. In our new publication, we set out to map the waste streams that may be expected as the world rushes to source metals to decarbonize our energy and transport systems, and to provide an integrated assessment of the risks that such waste flows entail.”

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7ff427c0-f432-4a4a-9d42-9722c5bfdeab

Paulikas and co-author Dr. Steven Katona from the College of the Atlantic, added: “Overall, our combined quantitative and qualitative systems analysis — which included quantification and allocation of waste streams followed by a qualitative risk assessment for each waste stream — implies that the waste streams generated by nodules should be significantly smaller, and in most cases of lower overall impact, with the exception of seafloor and midwater sediment plumes whose effects are still under scientific investigation.”

Production of energy transition metals will need to increase six-fold by 2040 to meet the world’s ambitious climate targets, according to the International Energy Agency. The mining industry is already the single largest source of industrial waste on the planet. Meeting these goals would generate more than a six-fold increase in solid waste streams due to the continued decline in ore grades on land. The overall impact of these waste streams would likely become more severe as mining of metals like nickel is expanding into places with extreme biodiversity like the rainforests of Indonesia and the Philippines — the two countries where according to analysts most new nickel supply will come from in the coming decades.

Waste generation for a single EV

The researchers noted that every kilogram of class I nickel mined and produced today can result in between 50 to 160 kg of potentially toxic tailings that must be managed indefinitely. Production of nickel, cobalt, copper and manganese for a single EV with a 75kWh battery creates 40 to 61 metric tons of waste, around 50% of which is tailings. Over the next 20 years, this range is estimated to average 50-75 metric tons as copper and nickel ore grades continue to decline. The research suggests that using CCZ polymetallic nodules to produce battery metals over the next 20 years could reduce per-EV waste by 59 to 93%, including a 79 to 96% reduction in tailings.

Modelling a range of processing flowsheets – from near zero to very high solid waste — the researchers found that nodules delivered much smaller waste outputs, thanks in large part to the presence of high grades of four metals in a single ore and an absence of toxic levels of heavy elements that enables the design of metallurgical flowsheets with near-zero solid waste.

As concerns grow regarding the environmental and social implications of land-based mining and processing tailings — often toxic waste that must be contained inside engineered dams indefinitely, dry-stacked and protected or disposed of in the ocean — the massive deposit of polymetallic nodules in the CCZ offers a pathway to greatly reduce the waste footprint of the clean energy transition. Researchers note that while there is no overburden to remove from the abyssal plain to access the polymetallic nodule resource, the collection of nodules disturbs seafloor sediment and the resulting sediment plume has been treated as a waste stream.

“Our systems analysis included quantification of the expected amount of sediment plumes, both at the seafloor and at the point of reinjection of seawater used for nodule transport in the riser (~1000 m below sea level or deeper), because disruption of this mass is a cause of concern for harming species and habitats of the abyssal seafloor and the midwater column,” added Dr. Katona. “In our analysis, sediment plume is the single biggest waste stream that would be generated by metal production from nodules. As more research institutions and polymetallic nodule companies perform their collector tests and publish their research and Environmental Impact Statements, it will be possible to further refine our quantifications of plumes and better characterize their impacts.”

About The Metals Company

TMC the metals company Inc. (The Metals Company; TMC) is an explorer of lower-impact battery metals from seafloor polymetallic nodules, on a dual mission: (1) supply metals for the clean energy transition with the least possible negative environmental and social impact and (2) accelerate the transition to a circular metal economy. The company through its subsidiaries holds exploration and commercial rights to three polymetallic nodule contract areas in the Clarion Clipperton Zone of the Pacific Ocean regulated by the International Seabed Authority and sponsored by the governments of Nauru, Kiribati and the Kingdom of Tonga. More information about The Metals Company is available at www.metals.co.

Forward Looking Statements

Certain statements made in this press release are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. The forward-looking statements contained in this press release include, without limitation, statements that waste streams could be reduced by using deep-sea nodules. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside TMC’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: regulatory uncertainties and the impact of government regulation and political instability on TMC’s resource activities; changes to any of the laws, rules, regulations or policies to which TMC is subject; the impact of extensive and costly environmental requirements on TMC’s operations; environmental liabilities; the impact of polymetallic nodule collection on biodiversity in the CCZ and recovery rates of impacted ecosystems; TMC’s ability to develop minerals in sufficient grade or quantities to justify commercial operations; the lack of development of seafloor polymetallic nodule deposit; uncertainty in the estimates for mineral resource calculations from certain contract areas and for the grade and quality of polymetallic nodule deposits; risks associated with natural hazards; uncertainty with respect to the specialized treatment and processing of polymetallic nodules that TMC may recover; risks associated with collection, development and processing operations; fluctuations in transportation costs; testing and manufacturing of equipment; risks associated with TMC’s limited operating history; the impact of the COVID-19 pandemic; risks associated with TMC’s intellectual property; and other risks and uncertainties, including those in the “Risk Factors” sections, included in the final prospectus and definitive proxy statement, dated and filed with the Securities and Exchange Commission (the “SEC”) on August 12, 2021 relating to the business combination, in TMC’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2021, filed by TMC with the SEC on November 15, 2021, and in TMC’s other future filings with the SEC. TMC cautions that the foregoing list of factors is not exclusive. TMC cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. TMC does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based except as required by law.

More Info

Media | media@metals.co
Investors | investors@metals.co

Continu, the World’s First Learning Amplification Platform™, Secures $13.5M in Funding

NEW YORK, Jan. 31, 2022 (GLOBE NEWSWIRE) — Continu.com, the world’s first Learning Amplification Platform™, announced the closing of a $13.5 million Series A investment led by Five Elms Capital, with participation from existing investors Reformation Partners and Geoffrey T. Barker, Chairman of Smartsheet.

Continu plans to leverage the investment to expand on its vision of reimagining the future of workplace learning by scaling its product offerings and expanding its global team.

With the growing need for workplace learning, Continu is driven to innovate and transform the way companies train and develop their teams, customers, and partners. Continu’s modern Learning Amplification Platform™ enables teams of any size to create a learning culture, author content, integrate with modern tools, measure training effectiveness, and scale to any audience.

“As the war for talent increases, it has never been more important for companies to upskill and develop their teams as well as enable their customers. With this new round of capital, we’re excited to bring Continu to even more organizations as we expand both our product offerings and our teams. We’ve always built products centered around the needs of our customers and this new investment will allow us to move even faster to meet their growing needs,” said Scott Burgess, CEO of Continu.

Some of the world’s most recognizable brands use Continu, including Slack, GoPro, Impossible Foods, OneMedical, Upwork, and many others. Continu has seen 200% year-over-year revenue growth and its team has grown over 400% in 2021.

“Continu’s impressive growth – both in revenue and team members – speaks volumes to its mission-critical product that is solving real pain points for its customers,” added Stephanie Schneider, Partner at Five Elms. “We are excited to partner with Continu and double down on the company’s commitment to delivering a high-quality product to its customers while attracting and retaining best-in-class talent.” 

“Continu is so compelling because it powers learning both inside and outside an organization,” added David Rogg, Partner at Reformation Partners. “Major enterprises sign up with Continu for an internal use case, and thanks to the robustness of the software, quickly expand to make Continu the learning system-of-record for external stakeholders as well. This enables Continu to reach a wide population of end users, well beyond the four walls of their clients.”

As Continu looks to scale its team, the company is dedicated to maintaining its remote-first culture. “Given our mission to be the single source of truth for learning within organizations, Continu is dedicated to attracting and developing world-class talent and continuing to build our highly collaborative, winning culture,” said Scott Burgess.

About Continu

Continu is the World’s First Learning Amplification Platform™ helping enterprises take workplace learning to the next level. As a software as a service (SaaS) platform, Continu helps companies with training internal and external users, learning automation, content authoring, and real-time training measurement.

About Five Elms

Five Elms Capital is a leading growth investor in world-class software businesses that users love. Five Elms provides capital and resources to help companies accelerate growth and further cement their role as industry leaders. Five Elms maintains offices in North America and Europe and invests in the best software platforms globally.

press@continu.com

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jooli Redefines the Online Shopping Experience

The German video shopping expert is coming to India

Jooli India

JAIPUR, India, Jan. 31, 2022 (GLOBE NEWSWIRE) — jooli, currently Europe’s fastest-growing and most intuitive video shopping app, is now hitting the Indian market. jooli in India has been launched by the European founders together with Prashant Sharma and Ritesh Badia. “We see great potential in India because the market is ready for a new online shopping approach”, says Prashant Sharma, Co-founder of jooli in India. The app allows users to enjoy unique products in entertaining videos that lead them directly from the app to the product partner website, where they can place their order. At the same time, the app’s AI system constantly learns new things: each swipe indicates to the app which products are of interest to users. This allows jooli to provide increasingly accurate suggestions. The app’s focus lies on beauty, lifestyle and culinary products and has already been downloaded over 100,000 times.

Browsing and shopping online without privacy concerns

The jooli app is easy to use for shoppers, offering them full privacy protection, as the buying process is fully carried out through the online shop of the respective product partner. Prashant Sharma says: “Data protection is very important; our AI uses only anonymized data that does not allow any conclusions to be drawn to individual persons”.

jooli is a video shopping app and a community at the same time

The team’s community approach creates another key advantage of jooli: its fairness factor. “Our product partners maintain direct customer contact,” explains Co-founder Ritesh Badia. Orders are placed directly in the store of the respective product partner. “In addition, product partners can network with each other on jooli, which enables them to benefit from the buying interests of their customers and to generate additional sales in the form of commissions.” Video views on jooli more than double every month; this concept resonates well with target audiences.

“The feedback from our product partner brands has been very positive so far. We will now continuously expand the offering and product range in our app. At the same time, we have created a great new way to become part of the jooli community through our jooli ambassadors. We look forward to announcing more details about this exciting program soon,” says Ritesh Badia.

About jooli
jooli is Europe’s fastest-growing video shopping app: it is user friendly, intelligent and has entertainment value. The app inspires with products presented in short, entertaining videos. Users navigate through a broad product portfolio of diverse brands via swipe and are offered personalized shopping and gift ideas. Founded in Berlin in 2021 by Wolfgang Boyé’s team, the startup makes online shopping as entertaining as city shopping. Product partners receive an intuitive content platform through their specially produced product videos to tap into new target groups. The jooli app is available for iOS and Android.

More information under  https://www.jooli.in/

Contact

Jooli India I Prashant Sharma I Mobil: 91-9351566241  I prashant.sharma@jooli.com
Ritesh Badaya | 91-9571799696 | ritesh.badaya@jooli.com

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Digital Entertainment Asset to Launch Land NFT Designed by Manga Artist Fujiwara Kamui

Upcoming NFT to be the first NFT for DEA’s PlayMining Verse.

Featured Image for Digital Entertainment Asset (DEA) Pte Ltd

Featured Image for Digital Entertainment Asset (DEA) Pte Ltd

SINGAPORE, Jan. 31, 2022 (GLOBE NEWSWIRE) — Singapore-based blockchain and multimedia digital entertainment group, Digital Entertainment Asset Pte. Ltd (DEA) will be launching the first NFT, known as the Land NFT, for its PlayMining Verse metaverse project.

The Land NFT designed by renowned Manga artist Fujiwara Kamui is part of the artist’s metaverse, the Fujiwara Kamui Nation, which is a member of the PlayMining Metaverse. The Land NFT will provide its owners with citizenship for the Fujiwara Kamui Nation.

The concept of Fujiwara Kamui Nation is “Genesis of the Earth, a world where gods and goddesses coexist with humans.” In this nation, various gods and goddesses are working together with faithful humans to try to create an ideal world.

Land NFTs will be available for sale on the DEA’s NFT marketplace, in spring 2022.

PlayMining is among the fastest growing NFT game platforms within the GameFi industry. The platform brings forth a range of services, including PlayMining Games, NFT Marketplace. Powered by the platform’s native DEP (DEAPcoin) token, PlayMining Verse aims to directly connect creators and users while leveraging the fundamentals of GameFi. The platform grew exponentially in 2021, crossing over 2.3 million registered users from, Japan, the Philippines, Indonesia.

According to the DEA team, the PlayMining Verse will consist of several “Creator Nations.” The DEA team has also clarified that the Land NFT launch is just the beginning of an exciting lineup of amazing NFTs from different Creator Nations featuring renowned artists.

A spokesperson from DEA notes, “We are convinced that the Metaverse project is unique and unparalleled in its focus on the creativity of creators, coming from Japan, one of the world’s leading creator-producing countries. The sale of the Land NFT is an important step in realizing DEA’s vision of protecting the rights and sharing the benefits of creators.”

About Fujiwara Kamui
Fujiwara is a Japanese manga artist. He made his professional debut with Babel no Rakuen in 1981, making a splash in the manga world with his detailed art style. He gained widespread popularity publishing short-form manga in various magazines. He is best known for works such as Raika (written by Terashima Yu), Dragon Quest Retsuden: Emblem of Roto (written by Kawamata Chiaki), and Seirei no Moribito (written by Uehashi Nahoko).

About DEA
DEA is a Singaporean company founded in August 2018. On April 8, 2020, the company’s first developed cryptocurrency, DEAPcoin, got listed on the OKX cryptocurrency exchange. DEA also released its first game, JobTribes, a card trading battle game, as well as “NFT Marketplace by DEP”, a marketplace for trading NFTs.

Co-CEO:Naohito Yoshida, Kozo Yamada
Address:7 Straits View, Marina One East Tower,#05-01, Singapore 018936
Founded in August, 2018Business description: Blockchain entertainment platform

Contact Information
Digital Entertainment Asset Pte. Ltd
Hideaki Kurihara:kurihara@dea.sg
Honami Soeda:soeda@dea.sg

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Image 2: Concept art for “Fujiwara Kamui Country” ①

Image 3: Concept art for “Fujiwara Kamui Country” ②

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Contemporary Amperex Technology Ltd. (CATL) and TES sign a strategic overseas agreement (OSA)

CATL, the global leader of innovative energy technologies, has selected TES to deliver after-sales services for its battery products.

tes-catl

tes-catl

SINGAPORE, Jan. 31, 2022 (GLOBE NEWSWIRE) — This initial agreement will see TES Sustainable Battery Solutions service CATL’s clients, who use its energy storage solutions in 12 countries within Asia-Pacific (APAC).

The rollout will be delivered over three phases, providing after-sales services to CATL’s clients. This includes investigation into product failures, repair, and replacements, early warning, and alarm troubleshooting, preventive maintenance, and software updates for battery management units and cell supervision circuits.

TES Sustainable Battery Solutions has already started supporting CATL in the collection and recycling of batteries in Europe, the Middle East, Africa (EMEA), and APAC. The next steps in the growth of the partnership include establishing a training center in Singapore and collaborating on research and development projects, such as how to meet the increase in the share of lithium Ferro (iron) phosphate (LFP) batteries, now growing in global production. Those plans dovetail into TES’s broader sustainable battery solutions 4R strategy for lithium-ion batteries: Repair & Remanufacture, Repurpose & Reuse, Recycle & Recover.

Given TES’s global expertise and reach, and CATL’s market dominance in lithium-ion battery manufacturing, this partnership will pave the way for further agreements. This will not only extend the breadth of services offered across TES’s 4R strategy but, importantly, it will extend those services across new geographies as well.

The partnership has already seen TES Sustainable Battery Solutions being presented with a plaque in recognition for becoming a two-star overseas OSA provider for APAC, one of only two providers hand-selected for each region. The accolade is given based upon considerations such as facility layout, the level of service offered by engineers, the capability of the company, and cooperation, among several other factors.

The two companies’ strategic alignment runs deep and is also closely aligned with their visions of a circular economy, with the objective to close the loop on battery treatment through research and development projects.

“We are already well underway strategizing how this partnership with CATL will grow,” notes Terence Ng, Executive Chairman of TES. “We are honored to be trusted by CATL, and we are excited to be partnering with them in new markets, territories, and services; this agreement is just the beginning.”

Thomas Holberg, Global Vice President of TES Sustainable Battery Solutions, added, “TES is well-positioned with ambitious plans within the sustainable battery solutions space. We already have plans to build on our existing global network of recycling facilities in Grenoble, Singapore, and, more recently, in the port of Rotterdam. CATL will be an important partner for TES on many levels as we continue to grow.”

A new battery recycling site in Shanghai is due to be commissioned by the end of this quarter and will serve as a springboard for the development of a much larger site in Northern China over the next two years.

About TES – https://www.tes-amm.com

Since its formation in 2005, TES has grown to become a global leader in sustainable technology services and bespoke solutions that help clients manage the commissioning, deployment, and retirement of technology devices and components.

It provides comprehensive services for technology devices throughout their lifecycle—from deployment to decommissioning to disposition—all the way through to recycling and end-of-life repurposing. This includes innovating new processes to leverage the value of locked-in assets if they are to be recycled, such as its proprietary lithium battery recycling process, which extracts scarce materials from used batteries at purity rates high enough that they can be reused in the manufacturing supply chain.

TES’s mission is to make a decade of difference by securely, safely, and sustainably transforming and repurposing 1 billion kg of assets by 2030. The 42 owned facilities in 21 countries offer unmatched service-level consistency, consistent commercials, lower logistics costs, local in-region compliance experts, support in local time zones and languages, and a deep understanding of transboundary movement globally.

TES creates outstanding value for its clients, employees, stakeholders, and the global community by leveraging a unique combination of security, value recovery, and environmental expertise. It focuses exclusively on eliminating the risks surrounding data security, compliance, and environmental impact while maximizing value recovery for businesses around the world.

Email us at newsletter@tes-amm.com or visit our website for more information.

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Neeyamo Announces Latest International Expansion in Vietnam

Neeyamo

Neeyamo

HO CHI MINH CITY, Viet Nam, Jan. 30, 2022 (GLOBE NEWSWIRE) — Neeyamo Inc., a leading technology-enabled global payroll solution provider for multinational and micro-multinational corporations worldwide, announces its expansion in the Asian market with its latest presence in Vietnam as a part of its overall global expansion strategy.

After successfully establishing a presence in all major Asian countries, including India, Philippines, Singapore, China, Japan, Hong Kong, Taiwan, South Korea, Australia, and Malaysia, Neeyamo is now elated to announce its presence in Vietnam, which further strengthens its position to deliver unparalleled support to its customers with a multi-country presence. While Neeyamo’s unified and single global payroll system is designed to service clients in 160+ countries, its global presence across different regions helps provide localized and multi-lingual support and on-the-ground know-how with proximity presence for operational excellence.

Commenting on Neeyamo’s global expansion strategy, Anagha Bildikar, Head of Global Expansion Practice, said, “Our global expansion strategy combined with its technology is a testament to Neeyamo’s commitment to providing unified global payroll services. Our strategically chosen global locations allow us to build a cohesive service network that provides the best-in-class services to all our global customers. I am particularly proud of the global expansion practice at Neeyamo, which is well-poised for the company’s remarkably swift international expansion, even when the world slowed down in light of the recent pandemic.”

Neeyamo serves its clients from 45+ global locations around the world. The organization deploys a Global-Regional-Local model to manage multi-country payroll service requirements. Neeyamo leverages its strengths exhibited through a combination of its global payroll system hosted in the cloud, Neeyamo’s Global Delivery Centres, Proximity centers, and in-country payroll teams that provide unmatched service delivery.

About Neeyamo

Neeyamo is a leading technology-enabled global payroll and HR services provider for multinational and micro-multinational corporations worldwide. With an extensive team of professionals serving clients across 190+ countries, Neeyamo leverages its unique service-based model and functionality-rich, next-generation HR & payroll products portfolio to help organizations enable agile and scalable business. To know more, visit www.neeyamo.com.

Media Contact: corporate.communications@neeyamo.com

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Neeyamo’s International Expansion in Vietnam

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