Mining company KoBold Metals, backed by billionaires Bill Gates, Jeff Bezos and Michael Bloomberg, has signed a deal with Bluejay Mining to speed up the extraction of scarce resources in Greenland. On the stock market, the Bluejay share has taken more than 50% in five days.
This is news that should thrill environmentalists. Mining company KoBold Metals, backed by three billionaires Michael Bloomberg, Jeff Bezos and Bill Gates, this week signed an agreement with Bluejay Mining to extract scarce natural resources in Greenland needed for electric vehicles. In the line of sight, nickel, copper, cobalt and platinum.
KoBold's main investors are Breakthrough Energy Ventures, a climate and tech fund backed by Microsoft co-founder Bill Gates, the founders of Bloomberg and Amazon, and Ray Dalio, founder of Bridgewater Associates, the world's largest hedge fund.
Artificial intelligence for the search for rare metals
Bluejay said studies show the western and central part of Greenland has similarities to the Russian city of Norilsk, which is rich in nickel and palladium. Kurt House, Managing Director of KoBold, said the Disko region was at the heart of a "rare convergence of events in history, which could lead to the discovery of metal deposits for the manufacture of class batteries. world ”.
Saisi
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