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Can Deep-Sea Mining Solve The Battery Metals Supply Crisis?
The key metals necessary to advance the global energy transition will likely drive the next commodity supercycle. Soaring demand for lithium, copper, nickel, cobalt, and aluminum could lead to a battery metal supply crunch as early as this decade, while surging prices could reverse a decade of cost declines, analysts say. In a world increasingly focused on sustainability and ethically-sourced raw materials, some players in the metal mining industry believe that deep seabed mining operations in remote ocean areas could have a lower impact…
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