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Blackwater founder launches fund to invest in electric car battery metals |

The founder of the US private security company aims to raise as much as $500 million to invest in deposits of metals such as cobalt, lithium and copper.

I am sure that most of you are aware of the USA firm Blackwater. I will not say any more but to simply say that its founder left the firm a while back but has again entered the business world in a very progressive and aggressive way. He, like those of us at Atacama, see the future as being a future including electric vehicles on a worldwide scale. As the former  Blackwater founder sees it, a mineral of the future will be cobalt, most of which is being mined in the Democratic Republic of Congo - one of the poorest and most corrupt countries on earth. There, cobalt mining occurs to keep unscrupulous, corrupt, dishonest and lawless politicians and their business cronies in place to continue exploiting the people for only their own gain. Is this where the world wishes to source its cobalt? I think not, especially when there are sources in Canada. Atacama has a very promising cobalt property and we plan to be part of the action moving foreword. I am Glenn Grant, CEO

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Glenn Grant