Because billionaires like Jeff Bezos and Bill Gates are financing the fields in Greenland

Many billionaires are interested in Greenland, like Jeff Bezos e Bill Gates. Their goal is to find resources under the ice in the western part of the big island to make electric cars, renewable batteries and other tools for cleaner energy. The startup of reference for this project is the Californian KoBold Metals, which specializes in mining research powered by artificial intelligence (AI). With her there is also the Greenlander Bluejay Miningwhich instead is dedicated to exploration.

“We are looking for one of the largest and most significant nickel and cobalt deposits in the world, potentially capable of powering 100 million electric vehicles,” a spokesperson for KoBold Metals told Business Insider. The startup is made up of a team of 30 people, including geologists, geophysicists and pilots. The areas of interest of this team of professionals are the island of disk and the peninsula of Nuussuaq, places whose hills and valleys should be rich in minerals and metals useful for the construction of sustainable batteries and vehicles. “Fully electrifying the global economy is the greatest challenge of our generation,” said the KoBold spokesperson. “Partnering with this large group of world-class investors will accelerate our efforts to find the key materials for the electric vehicle revolution.”

The AI ​​used by the startup has the task of identifying areas suitable for drilling, whose beginnings are scheduled for the summer of 2023. Meanwhile, the team is taking soil samples and making inspections by drones and helicopters to explore the layers under the surface. “It is a concern to see the consequences and impacts of climate change in Greenland,” he told CNN Bo Møller Stensgaard, CEO of Bluejay Mining. “But, in general, climate change has made exploration and mining in Greenland easier and more accessible.”