Off-shore mining
Consumption of raw materials such as copper, manganese, cobalt and nickel has tripled during the past 20 years and is expected to continue to rise at the same rate. Concurrently, land based reserves are becoming increasingly difficult to explore, exploration cost will rise steadily and the effects on our environment raise deep concerns.
Get this: It's under the sea. Yes, we are about to see the first major startup in the deep-sea mining industry. If it's anything like the boom in offshore drilling, you will want to be there. The world's largest gold companies together own over one-third of this company.
These players are so bullish on the prospects of this industry they all entered into non-competing and anti-dilution clauses just to get a tiny foothold. Jotocorp has paid millions of dollars for a mere option to participate in a potential future joint venture. And millions more in direct investments.
Jotocorp's investments total more than €140 million.