Walter Sogness on deep sea mining and sustainability
7 November 2023
In this video, Walter Sogness, the CEO of Loke Marine Minerals, a company that explores and extracts minerals from the deep sea, talks to MMTV about his vision and strategy. He explains why he believes deep sea mining is sustainable and how his company adheres to high environmental, social and governance (ESG) standards. He also shares some insights into the technology his company uses, such as autonomous underwater vehicles and seabed crawlers, and how they minimize the impact on marine ecosystems. He highlights some recent news that are relevant to investors, such as the successful completion of a feasibility study and the signing of a joint venture agreement with a major mining company. He introduces his management team, which consists of experienced professionals from various fields, and reveals some of his key shareholders and investors, such as the Norwegian government and a leading private equity firm. Finally, he discusses the opportunities he sees for the next 12 months and how his company is well-positioned to take advantage of them.