Submitted by drexelldrexell t3_10x3qhl in wallstreetbets
Norway has recently discovered a metric shit ton of cobalt (3.1 millions tons) off their coast line. We are talking value of 126 BILLION at the current rate of $17/pound and that is just the cobalt. You can read more about it here.
I am looking for companies that utilize deep sea mining at the moment but am having trouble coming up with many solid answers. Currently I have shares in $TMC but I want to put my eggs in more than one basket on this, just haven't found much info about deep sea mining companies that are publicly traded. If anyone else can think of a company that could potentially profit from this find I'd love to hear it, I'm out of my league a little when researching this so I'm throwing it to you guys for some advice.