Metals Company SPAC
BETTER METALS FOR EVs
NORI-D estimated
project production.
Estimated nodules collected, processed & refined (millions of dry tonnes)
0.7
2024
2.9
2025
5.8
2026
8.1
2027
9.7
2028
8.0
2029
9.5
$503
per dry tonne
2030
10.9
10.3
10.2
III
2031
2032
2033
9.5
2034
Polymetallic Nodules
PRODUCTS
Nickel-contained in Ni sulphate, matte and alloy
Manganese-contained in 40% Mn silicate slag
Copper-contained in Cu cathode, matte and alloy
Cobalt - contained in Co sulphate, matte and alloy
Fertilizer grade ammonium sulfate
9.2
2035
9.8
2036
9.8
2037
9.5
2038
¹ Average estimated annual production and revenue 2030-2046.
Source: Canadian NI 43-101 and SEC Regulation S-K (Subpart 1300) Compliant NORI Area D Clarion Clipperton Zone Mineral Resource Estimate and associated financial model, AMC, March 2021.
8.7
2039
9.4
Volume (dry) pa¹
9.3 Kt
10.2
HI
2041
2040
119.1 Kt
2,847.0 Kt
88.7 Kt
9.4 Kt
253.5 Kt
9.7
2042
8.8
2043
8.5
2044
Revenue pa¹
$4,679 million
$2,200 million (46%)
$1,278 million (28%)
$623 million (13%)
$556 million (12%)
$23 million (<1%)
7.6
2045
6.4
2046
30View entire presentation