Artificial Intelligence: World’s Largest Miner To Deploy KoBold’s AI Technology For Exploration

Mining giant BHP and KoBold Metals will use big data and AI to explore for minerals needed for batteries and clean energy.

KoBold Metals, a startup specializing in exploration for the minerals essential for EVs and green energy transition, has inked an agreement with BHP (ASX: BHP), the world’s largest mining company, to explore for metals such as cobalt, nickel and copper, starting in Western Australia. (


KoBold is an AI-powered mineral exploration startup backed by top-drawer investors including Breakthrough Energy Ventures, a climate technology fund overseen by Bill Gates, Jeff Bezos, and other global business leaders; Andreessen Horowitz, the Silicon Valley venture capital fund; and Equinor, the Norwegian state oil company.

The company’s AI models help make critical exploration decisions such as where to acquire land, what data to collect, and where to drill, and together with its databases, comprise “cutting edge knowledge” for battery mineral exploration. Data could include from old drilling results to satellite imagery.

KoBold’s algorithms make up its Machine Prospector AI suite, while its data platform, TerraShed, aggregates and structures vast collections of scientific data and makes it rapidly available for analysis. Used together, they “predict the composition of the subsurface in a statistically valid manner,” KoBold states on its website.

This technology is available only to projects in which KoBold owns an interest and is investing in their exploration. It is not available to license or as a “fee-for-service” basis.

Last month it signed a JV with BlueJay Mining (LON: JAY) to explore for minerals in Greenland.


BHP, as part of its climate goals, plans to focus on “future-facing” commodities, such as battery metals, and will make available to KoBold its massive repository of exploration data accumulated over many 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. “This alliance will combine historical data, artificial intelligence, and geoscience expertise to uncover what has previously been hidden.”

Related Story: Goldspot’s AI Boosts Success in Mineral Exploration

Image Credit: Bluejay Mining

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Latest Alternative Investment News
Digital Assets: Bitcoin Miner Genesis Digital Lands $431M To Expand Operations
September 22, 2021     Digital Assets, News, Venture Capital

Genesis Digital Assets, which runs 2.4% of the bitcoin mining network, has announced a $431 million raise led by Paradigm. Claimed to be the largest ever achieved by a bitcoin…
Artificial Intelligence: AI To Help Survey For Endangered Bats Under Bridges
September 22, 2021     Artificial Intelligence, News

Hundreds of thousands of bats from about 40 species routinely nest under US bridges, and many of them are endangered or threatened. Transportation departments must mandatorily check for them before…
Artificial Intelligence: AI Cameras In Amazon Delivery Vehicles Unfairly Penalize Drivers
September 21, 2021     Artificial Intelligence, News

Amazon (NASDAQ: AMZN) installed AI-powered cameras in its delivery fleet in February as an investment in safety technology across its operations. The company said at the time the system would…
FinTech: Assets, A New Product From Wise, Lets You Spend From Your Stocks Portfolio
September 21, 2021     FinTech, News

Wise (LON: WISE), the UK payments fintech previously known as TransferWise, has taken its first steps into investing solutions. Its Assets product allows users to invest in stocks but also…