In a Stansberry Investor Exclusive, our Daniela Cambone speaks with Gerard Barron, CEO of The Metals Company, formerly called Deep Green Metals, and billionaire philanthropist Frank Giustra, a strategic advisor on the project. The company is looking to scour the ocean floor for battery metals found in nodules created by mother nature. Over the next thirty years, the global population is set to expand dramatically and will put a huge strain on mineral resources extracted from the ground, especially nickel manganese copper and cobalt. All such minerals are needed for a transition to clean energy, but currently what's on the land is not sufficient.
Frank Giustra is a Canadian business executive, who has been particularly successful in the mining and filmmaking industries, and is a noted philanthropist. Mr. Giustra started out as an assistant trader and then became a stockbroker at Merrill Lynch in his early career. He later went on to join Yorkton Securities, where he helped launch a new branch geared towards financing resource companies in Europe. He is now an advisor to major gold miner, Endeavour Mining Corporation. In the late 90's, he founded Lionsgate Entertainment - the company behind The Hunger Games and Michael Moore's Fahrenheit 9/11. The company had over $2 billion in revenue in 2013, and owns the rights to the hugely successful Twilight movie franchise and The Expendables series, among other big blockbuster titles.