Kate Duffy of Business Insider reports on a Bill Gates and Jeff Bezos-backed rare earth mineral venture.
- KoBold Metals, a Silicon Valley-based company that uses AI to determine where to drill for rare earth minerals, is partnering with mining group BHP to look for these minerals in Australia.
- If successful, this partnership could establish a more secure critical mineral supply chain for the U.S. and its allies.
- KoBold, which is backed by Bill Gates’ Breakthrough Energy Ventures, is showing that markets and innovation, not mandates, are key to a cleaner energy future.
Read the full article here.