DeepGreen Appoints Andrew Greig as Director

In conjunction with completing its scoping studies, DeepGreen has moved to strengthen its Board with the recent appointments of Keith Calder as CEO, and Andrew Greig as Director. Both Keith and Andrew come with a track record of successfully delivering major resource projects, which adds to Ian Jacobson’s significant project delivery experience, and is of particular value to DeepGreen’s plan to develop a world class project to produce nickel, copper and manganese. When combined with Peter Barnes’ and David Heydon’s skills and track record of commercializing innovative enterprises, DeepGreen is well positioned to fulfill its mission of delivering a cleaner and more economically attractive solution for the world to source key metals.

Mr. Greig was previously an Executive Director of Bechtel Group, Inc. At Bechtel, Andrew had direct management and accountability for approximately $200B in capital projects over 33 years. During that time he was also President of Bechtel’s Mining and Metals Global Business Unit, which peaked at 55,000 personnel in 14 countries and in excess of $7B in annual revenue. During Andrew’s tenure at the business unit revenue improved by a factor of 7 and profitability by a factor of 80. Andrew’s direct on-project leadership positions included, among others, Project Manager – Brass LNG Project, Nigeria (2006 – 2007), Project Manager – Inco Goro Nickel Project, New Caledonia (2001).

About DeepGreen

DeepGreen plans to become a leading producer of base and strategic metals obtained from vast high-grade seafloor polymetallic nodule deposits containing nickel, manganese, copper and cobalt. Large, long-life and high-grade mineral deposits on land are becoming scarce, yet global metal demand continues to rise and the mining industry is being increasingly constrained by environmental and land access issues making it harder to extract and process minerals on land. DeepGreen’s mission is to provide a cleaner and more economically attractive solution for the world to source metals essential to growth.

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Seafloor mineral extraction also offers a socially sustainable alternative to terrestrial mining as it does not impact local landholders, villagers, cultural or heritage lands nor does it cause social displacement which is common to many land-based mining operations.