Metals Company SPAC

BETTER METALS FOR EVs Solution: sourcing battery metals from a vast resource of polymetallic nodules. 23 billion dry tonnes of nodules, total CCZ resource estimate Clarion Clipperton Zone (CCZ)¹ 234Mt Hawai'i 29 Cu Copper 63.546 1.1% 2 270Mt 28 Ni Nickel 58.693 1.4% Enough total resource in the CCZ to electrify the entire global car fleet several times over² 27 Co Cobalt 58.933 0.1% PROTECTED AREAS (1.44 million km²) 46Mt 6Bt ¹ Area depicted represents the entire CCZ. 2 Assuming 75kWh batteries with NMC811 chemistry; "Where Should Metals for the Green Transition Come From?", Paulikas et al, LCA white paper, April 2020; Nodule resource grade and abundance based on the ISA resource model. Source: "A Geological Model of Polymetallic Nodule Deposits in the Clarion-Clipperton Fracture Zone", ISA, 2010. Resource Estimates of the Clarion Clipperton Manganese Nodule Deposits (Marine Mineral Deposits p 145-170), Morgan, 2000. EXPLORATION AREAS (1.1 million km²) 25 Mn Manganese 54.938 31% Areas of Particular Environmental Interest (APEI) Exploration contract areas granted by the International Seabed Authority (ISA) 8

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