Chris Batalha, CEO of Oceanic Iron Ore Corp., discusses the future of iron ore demand, the global push for green steel, supply chain security, and why high-grade Canadian iron ore could become one of the world&#x27;s most strategic resources.*This video was recorded on June 12, 2026, and is sponsored by Oceanic Iron Ore Corp.To get 5% off of your CoolWallet purchase, use my link: https://www.coolwallet.io/discount/davidcwSubscribe to my Briefs channel: https://www.youtube.com/@DavidLinReportBriefsSubscribe to my free newsletter: https://davidlinreport.substack.com/Listen on Spotify: https://open.spotify.com/show/510WZMFaqeh90Xk4jcE34sListen on Apple Podcasts: https://podcasters.spotify.com/pod/show/the-david-lin-reportFOLLOW OCEANIC IRON ORE:Website: https://www.oceanicironore.com/X (@OceanicIronOre): https://x.com/OceanicIronOreFOLLOW DAVID LIN:X (@davidlin_TV): https://x.com/davidlin_TVTikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tvInstagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/For business inquiries, reach me at david@thedavidlinreport.comDISCLAIMER: This video is for informational and educational purposes only and does not constitute financial, investment, legal, or tax advice. Always conduct your own research and consult a licensed financial professional before making any investment decisions.The views and opinions expressed by guests are solely their own and do not represent the views of this channel. Any forecasts or forward-looking statements are based on personal opinions and are not guarantees of future performance.This channel may include sponsors or affiliates. Their inclusion does not constitute an endorsement, and the channel is not responsible for the performance, claims, or actions of any sponsor, affiliate, or third party.No content in this video should be interpreted as a solicitation to buy or sell any securities or assets. Investments carry risk, including the potential loss of principal.0:00 - Why Iron Ore Matters Again1:39 - The Bull Case For Steel2:57 - Global Iron Ore Supply6:21 - Green Steel Revolution10:05 - How Iron Ore Becomes Steel12:31 - Is High-Grade Iron Ore Running Out?15:22 - Why Quebec Is Strategic20:22 - Supply Chains And National Security24:35 - Finding Strategic Partners29:32 - Oceanic&#x27;s Growth Catalysts33:20 - The Long-Term Vision For Oceanic Iron Ore#investing #stocks #mining

The Next Resource Crisis Could Be Bigger Than Oil | Chris Batalha

The David Lin Report

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**Podcast:** The David Lin Report

## Transcript

We talk a lot about the critical commodities on our show. Let's go back to basics, the building blocks of our society, literally. Today we have a new guest in the program, Chris Batalha, CEO and Director of Oceanic Iron Ore Corp. That's F-E-O on the TSXV. And Chris is going to be giving an outline as to why investors need to be paying attention to the basics, the foundational building blocks of our economy. Chris, welcome to the show. Good to see you. Thank you, David.

20 years ago, the case for steel, copper, base metals was the rise of China. Construction of housing, of commercial property and buildings erupted into the world's, at the time, second largest economy, into what people believe will be the world's largest economy by the end of the decade, if not the next decade.

Chris, what has changed, if anything, between that narrative and now? Is China still the world's dominant driver of construction demand, which ultimately leads into iron demand and steel demand?

It is, David. As soon as you see some sort of article in the news about a long-term or a medium-term or short-term outlook on construction needs and infrastructure demands in China, it seems to have a corresponding impact on the spot FEO price. But you've got other markets like India, but you've got other markets like India who have more aggressive infrastructure demands that are on the horizon of impacting some of the price movements as well.

But there is a significant presence of Chinese influence still correct. But are we seeing a shift away from housing and infrastructure to more defense, power grids, industrial reshoring, perhaps even AI data centers as a primary source of construction? I don't know that it's primary, David, but it's having a significant impact on it. And it lends itself to the story of iron ore and why people should be paying attention to iron ore versus other spaces like precious metals.

And I get it. Precious metals carry the news. It's sexier and it's got it's had a movement in price over the last couple of years that we don't need to talk about because we all know about. When you look at value creation and your view on commodities, gold, for example, its upside is basically tied to what investors think will happen in the future. And they're always imperfectly correct or perfectly wrong.

But iron ore's value is always about what the world needs, not about what investors think. And you haven't found a replacement for infrastructure inputs in place of steel yet. Everybody needs steel. And it's quite believable that there are infrastructure demands in the short and medium and long term as the world grows. And so you've got to take a bit of a view that way as to where the value creation comes from in the iron ore space.

Tell us about iron ore itself. The Strait of Hormuz closure has taught us something very important, which is that economies depend on critical minerals. And equally impor...

The Next Resource Crisis Could Be Bigger Than Oil | Chris Batalha

Transcript

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The Next Resource Crisis Could Be Bigger Than Oil | Chris Batalha

Transcript

Built for investment professionals

Every day you wait, your competitors are findingedge in conversations you're not hearing.

Every day you wait, your competitors are finding
edge in conversations you're not hearing.