Jacob Gronholt-pedersen writes in Reuters on a mining in Greenland.
- KoBold Metals, a mining firm backed by Bill Gates and Jeff Bezos, will begin mining for rare earth metals in Greenland.
- The company uses AI and machine learning to find minerals.
- KoBold Metals expects to drill some 3,000 meters this year.
- Rare earth metals are essential to powering EVs, solar panels, cellphones, and even fighter jets.
“The joint venture will use drones to make a high-resolution magnetic survey of the area and plans to drill a total of 3,000 metres this year to depths of between 150 and 400 metres where the metals are located.”
Read the full article here.