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2024-10-08 09:20:10
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Using AI to Help Find Key Minerals for Energy Transition, KoBold Metals Raises Nearly $500 Million
In the wave of integration between mining and technology, KoBold Metals, a startup, has recently attracted significant attention within the industry. The company successfully raised $491 million, aiming to complete a total financing round of $527 million. This funding will greatly enhance the development of their giant high-grade copper mine discovered in Zambia, while also accelerating the progress of the company's other exploration projects. Image source note: Image generated by AI, image licensed from service provider Midjourney as per KoBold Meta.