Bill Gates-Backed Startup Confident It Can Unearth More Buried Treasure After a Historic Copper Find

KoBold Metals, a mining startup backed by billionaires including Bill Gates and Jeff Bezos, is bullish on the discovery potential of some of the most sought-after energy transition metals.  

The California-based company says it uses artificial intelligence to create a “treasure map” to help find new deposits of materials such as copper, lithium, cobalt and nickel. “We think the potential for discovery is great. There is a lot more to be found in Zambia,” Josh Goldman, president of KoBold Metals, told CNBC via videoconference.

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