About KoBold Metals

KoBold Metals focuses on discovering new deposits of essential minerals like lithium, cobalt, copper, and nickel, which are crucial for clean energy technologies. The company employs artificial intelligence to enhance the mineral exploration process, making it more efficient and predictable. Their proprietary AI tool utilizes a concept known as Efficacy of Information (EOI) to guide data collection during exploration, helping to reduce uncertainty. KoBold invests over $60 million annually in more than 60 projects across three continents, leading extensive research and development efforts in the field. Unlike traditional exploration methods, KoBold aggregates comprehensive data about the Earth's crust's physics and chemistry, allowing for a more scientific approach to mineral discovery. The company's goal is to locate and sell mineral deposits to clean energy companies, providing them with the necessary resources while maintaining a competitive advantage in the market.