Hans Smit
4 statements across 1 episodes · 4 bullish · 0 bearish · 1 people on the record · first statement May 22, 2025 by Hans Smit · across every show →
On the record as a speaker too: Hans Smit's record, appearances and statements → this page counts the times other people say the name.
Everything said about Hans Smit, oldest first
May 22, 2025 bullish
Smit: Land-based mines require 4x to 8x the tonnage of seabed nodules
“The other thing to consider is that we are bringing up one ton of material, and in that one ton of material, we are producing the same amount of metal
As you would need to have anywhere between three and five land-based mines. So for them to get the same amoun…”
May 22, 2025 positive
May 22, 2025 bullish
Smit: Ocean Minerals project will yield ~$500M annual free cash flow
“The mining system CAPEX is around five hundred million dollars you know, the processing plant probably around two billion dollars but what,
For that investment, do you get in return for your project? So, you know, our project is in anywhere between three and f…”
May 22, 2025 bullish
Smit: Ocean mining avoids expensive land-based mine infrastructure costs
“We don't have all the big capital costs of infrastructure, power lines, roads, rails,
Dams, et cetera, which means the cost of capital for us is going to be lower. You know, we are going to spend less money building a ship to go mining than what you will do pe…”