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Key points Impossible Metals completed a successful deep water test of its Eureka II autonomous underwater vehicle (AUV). The AUV uses AI-guided cameras and robotic arms to pick up seafloor nodules individually, minimizing sediment disturbance and avoiding visible life. The vehicle leaves…

Key points Roland Berger senior partner Dr. Wolfgang Bernhart presents the firm’s Q4 2023 forecast, projecting global lithium-ion battery demand to roughly triple from about 1,500 GWh in 2024 to near 4.5 TWh by 2030, with sodium-ion adding up to 500 GWh. Bernhart says announced global…

Key points CEO Oliver Gunasekara says demand for nickel, cobalt, copper and manganese could rise 500% by 2050, and cites Benchmark Mineral Intelligence estimates of 384 new mines needed within a decade to meet electric vehicle demand alone. He notes new land-based nickel deposits now average…

Key points Eureka 2, Impossible Metals’ first deep-water nodule collection vehicle, has three Delta arms, four buoyancy engines and three stereo cameras, and has been tested autonomously in Georgian Bay on Lake Huron at depths of 50 to 100 meters. The vehicle has a 50 kilogram in-water…