The battery metals start-up is investing over $60 million to accelerate a program on the potential environmental impacts of collecting polymetallic nodules from the deep seabed.
Despite being often referred to as “poor man’s gold”, silver has actually outperformed gold in five of the six previous bull markets for gold and silver.
The deal is necessary for the Debswana Mining Company, jointly held by De Beers and the Botswana government, as it provides the country with around two-thirds of its foreign exchange.