The a16z Show Mining the Data for Cobalt
Jun 29, 2022
Kurt House, CEO and co-founder of Kobold Metals, and John Thompson, a Cornell geosciences professor, dive deep into the world of cobalt mining. They discuss how data and technology are revolutionizing cobalt sourcing amid increasing demand for electric vehicles. The conversation covers cobalt's critical role in battery performance, the challenges of finding new deposits, and the transformative impact of AI on mineral prospecting. They also explore the urgent need for responsible sourcing and innovative mining practices for a sustainable future.
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Cobalt's Geology
- The demand for cobalt has spurred new research into its geological formation.
- Prior research focused on copper and gold due to their higher historical value.
Cobalt Formation
- Cobalt isn't rare; it forms in both high-temperature and low-temperature environments.
- Understanding these conditions can help identify cobalt-rich areas.
Ocean Floor Discovery
- Manganese nodules containing cobalt were discovered in the late 1800s by dredging the ocean floor.
- This accidental discovery highlights the historical lack of targeted cobalt exploration.