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There’s an abundant supply of polymetallic nodules 1,100 miles off the coast of San Diego, the Metals Company CEO told NBC 7.
“We’re trying to better understand the environment at the bottom of the Pacific Ocean where there is a very large, abundant supply of these polymetallic nodules,” said Gerard Barron holding what looks like a lumpy black rock.
However, the CEO and chairman of Vancouver-based the Metals Company said, the black lump is an electric vehicle battery in a rock and there could be trillions of them on the ocean floor about 1,100 miles off the coast of San Diego. The company estimated there is enough for a billion electric vehicles.
“They literally just lie there like golf balls on a driving range,” Barron said with a smile.
Barron’s company has exclusive access to the area known as the Clarion Clipperton Zone, where the rocks have been found.