DeepGreen Metals is pioneering the next frontier in mineral development – recovery of the vast mineral resource fields on the deep-ocean-floor rich in polymetallic-nodules that contain the essential ingredients to produce EV-batteries and products for a sustainable future. These nodules sit on the deep-ocean floor. We aim to lift them from the using state-of-the-art deep-sea harvesters. Having lodged a 43-101 Technical Report for the NORI Clarion–Clipperton Zone Project, Pacific Ocean, DeepGreen has announced its initial world-class high-grade 900 million tonne NORI Project Inferred Resource Estimate grading 1.3% Nickel, 29.2% Manganese, 1.1 % Copper and 0.2% Cobalt with an average nodule abundance of 13 kg/m².
Gerard Barron – CEO
Gerard Barron is an entrepreneur and CEO who has a record of building globally focused companies in technology, media and future-oriented resource development. His passion is building companies that will help us build a truly sustainable future. He has been involved in the early strategic development and financing of DeepGreen since its formation in 2011. In 2001, he made his mark in advertising and media by founding Adstream, and remained CEO of the business until December 2013. During that time Adstream grew from a single office in Sydney to over 40 offices in 30 countries around the world.
What is your rationale for attending 121 Mining Investment?
As part of our public and investor awareness campaign
What recent news would you like to highlight to investors attending?
1. 43-101 compliant inferred resource estimate for the NORI Area containing 900m wet tonnes grading 1.3%Ni; 1.1%Cu; 0.2%Co and 29%Mn.
2. DeepGreen has now completed 3 survey campaigns supporting resource and environmental work.
3. Global JV partner Maersk Supply Service has committed to 5 offshore campaigns providing one Anchor Handler Tug Supply Vessell and one Subsea Support Vessell.
4. Partnering with Hatch to refine current onshore material processing.
What are your key goals for the next 3, 6 and 12 months?
Campaign 4 – Deployment of Met Ocean Monitoring equipment and Bulk Sample extraction
Offshore Engineering – System engineering and simulation; Collector Hood Design and testing; Harvester test onshore followed by offshore testing
Onshore Engineering – Select Processing option; Flow Sheet finalisation; Pilot Plant 1 define engineering parameters; design and estimating.
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
1. License permitting – working with the regulator (ISA) ensuring best practice methodology is being adopted.
2. Finance – A series of funding strategies is being rolled out supported by our newly appointed Corporate Broker/Banker – Macquarie Bank.
3. Technology – Partnering with best in class leaders in delivering and overcoming all technical challenges for offshore harvesting. The best example of this is our JV with Maersk.
4. Environmental – Dr Greg Stone – world recognised environmental scientist and champion of the world oceans environmental protection, preservation and sustainability has joined DeepGreen in our quest to ensure practices are sustainable for both the planet and our
In a sentence, what do you think makes your company such a compelling investment?
International seabed mining is the next frontier yet is now a reality that will deliver low cost, sustainable, abundant metal resources to power a new economy, and DeepGreen Metals is leading this sector, with a world class project to deliver nickel, cobalt, copper and manganese to support long term metal production stability into the future.