BHP inks exploration deal with Gates and Bezos-backed Kobold – by Cecilia Jamasmie ( – September 8, 2021)

BHP (ASX, LON, NYSE: BHP) has struck a deal to use artificial intelligence tools developed by KoBold Metals, a start-up backed by a coalition of billionaires including Bill Gates and Jeff Bezos, to look for critical materials used in electric vehicles (EVs) and clean energy.

The world’s largest miner and the Silicon Valley-based tech firm will jointly fund and operate exploration using data processing technology to help predict the location of metals such as cobalt, nickel and copper, starting in Western Australia.

The partnership will help BHP find more of the “future-facing” commodities it has vowed to focus on, while offering KoBold an opportunity to access exploration databases built up by the mining giant over decades.

“Globally, shallow ore deposits have largely been discovered, and remaining resources are likely deeper underground and harder to see from the surface,” Keenan Jennings, vice president at BHP Metals Exploration, said in a statement.

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