Jakarta –
Bill Gates the top subscription of the richest people in the world, with current assets according to Forbes of USD 123 billion. Jeff Bezos the founder of Amazon is even richer, at around USD 191 billion.
Well, these two senior leaders in the world of technology have the potential to become even richer. That’s because KoBold Metals, a California mining exploration company the two back, discovered deposits copper grew up in Zambia, Africa.
This discovery is considered very valuable because copper is in great demand amidst the current energy transition. Copper is used, among other things, in renewable energy technology and electric vehicles.
A KoBold Metals spokesperson believes that the mine will eventually become the largest and highest quality copper mine. “The scale is similar to the size and quality of the Kakula mine,” said KoBold Metals President Josh Goldman.
He was referring to the huge Kamoa-Kakula copper mine, located on the border of Zambia and Congo. Last year, the mine produced 400 thousand metric tons of copper.
Quoted by detikINET from CNBC, Thursday (8/2/2024) Zambia is the second largest copper producer in Africa after the Democratic Republic of Congo. KoBold Metals uses artificial intelligence or AI technology that maps the Earth’s crust to track deposits of copper, lithium, cobalt to nickel.
Investors include Norwegian energy company Equinor, the world’s largest mining group BHP and Breakthrough Energy, the science and technology company founded by Bill Gates in 2015. Jeff Bezos is also a funder at Breakthrough Energy.
KoBold Metals said it plans to start producing copper at its mine in Zambia within 10 years, a project that could have a significant economic impact for the African country. “What they found is quite phenomenal,” said Jito Kayumba, special assistant to the Zambian president on economics, investment and development.
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(fyk/fay)
2024-02-07 22:45:26
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