BHP invests in Gates and Friedland-backed firm I-Rox – by Cecilia Jamasmie ( – December 12, 2022)

BHP (ASX: BHP) has joined billionaire Robert Friedland’s I-Pulse Inc. and Breakthrough Energy Ventures, a clean-tech venture backed by Bill Gates and Jeff Bezos, to speed up technologies that can help the mining sector save on energy.

I-Pulse and Breakthrough Energy Ventures (BEV)-Europe launched earlier this year a company called I-Rox, a France-based firm focused on demonstrating a pulsed-power technology said to reduce the amount of energy needed to crush rocks.

The value of BHP’s equity investments in I-Pulse and I-Rox wasn’t disclosed, but the world’s largest miner will join I-Pulse and BEV Europe as shareholders of I-Rox, the firms said.

I-Rox uses high-voltage pulses of power to disintegrate rock, an approach that has been trialled in laboratories for years but has yet to be applied in commercial mining operations.

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