Gerard Barron, CEO of the Vancouver-based firm, which specializes in extracting metals from seabeds, said he has “hitched the TMC wagon to the U.S.A.” Two U.S. federal officials were spotted at the company’s August investor meeting: Jacob Helberg, undersecretary of state for economic growth, energy and the environment, and Dennis Mesina, acting director for market development in the Office of International Affairs in the Department of Energy. (The Information)
Talking point: While The Metals Company shares fell about four per cent on Friday afternoon, they remain near their 52-week high. Investors are boosting shares of mining companies that they think could be future investment targets for the U.S. government, which has already taken stakes in several Canadian firms. Rory Usher, senior communications manager at the company, declined to comment to The Logic on whether The Metals Company was in talks with the U.S. government for such an investment.