Talk Your Book: The Most Important Thing Nobody Owns

Michael Batnick and Ben Carlson welcome Steve Schoffstall, managing partner and head of ETFs at Sprott ETFs, to discuss the critical materials that are powering the global energy transition and the rise of AI. Schoffstall explains how Sprott ETFs is uniquely positioned to capitalize on this trend, offering investors a way to gain exposure to a basket of these essential materials.

What are Critical Materials?

Schoffstall defines critical materials as those that are essential for national security, economic security, or both, and are subject to supply disruptions. These materials are not necessarily rare, but their extraction and processing are often concentrated in a few countries, creating geopolitical risks. The US Geological Survey, Europe, and Canada all maintain their own lists of critical materials. Sprott ETFs focuses on nine different metals that meet these criteria and are investable from an investment standpoint.