Heather Clancy of GreenBiz reports on the use of AI in the mining process.
- The process of extracting critical minerals, which are necessary to produce solar panels, wind turbines, and EVs, can be inefficient and environmentally damaging.
- Large mining companies are exploring the possibility of using AI to cut costs and improve accuracy during exploration.
- One company claims that the use of AI cut the exploration window from to three years to two months while reducing costs by $3-5 million.
- Technological breakthroughs may better detect critical minerals like lithium and copper and reduce the mining industry’s environmental footprint in the process.
Read the full article here.