KoBold Metals Africa CEO: $2B Investment in New Zambian Copper Mine

The video discusses Zambia's significance in cobalt and copper mining, highlighting the Mingumba deposit as a major undeveloped copper project. It covers the $2 billion investment needed for mine development and the role of technology in enhancing mining efficiency. The speaker emphasizes the importance of partnerships, with potential collaborators from Africa and the West. The company is exploring critical minerals globally, including lithium in Namibia and North America. Despite geopolitical tensions, the focus remains on the necessity of these minerals for global growth. The use of AI in reducing discovery costs is also highlighted.

Why is Zambia considered a key location for cobalt expansion?

• It has the most advanced mining technology.

• It is the only country with cobalt reserves.

• It has the largest high-grade undeveloped copper project.

• It is the largest copper producer in the world.

What is the estimated cost for the full mine design and build of the project?

• $1 billion

• $2 billion

• $1.5 billion

• $2.5 billion

What is the average copper grade around the world compared to the asset discussed?

• 0.6% globally, more than 5% for the asset

• 1% globally, 10% for the asset

• 0.5% globally, 3% for the asset

• 2% globally, 6% for the asset

Who are some of the potential partners mentioned for the mining project?

• Elon Musk and Jeff Bezos

• Larry Page and Sergey Brin

• Bill Gates and Andreessen Horowitz

• Warren Buffet and Mark Zuckerberg

What is the company's approach to finding partners for the mining project?

• Only partnering with local African companies

• Partnering exclusively with Chinese companies

• Focusing solely on Western partners

• Being open-minded and considering partners from all over the world

Which critical minerals, besides copper, is the company focusing on?

• Gold and silver

• Iron and coal

• Lithium and nickel

• Uranium and zinc

In which regions is the company exploring for lithium?

• Antarctica and Greenland

• South America and Europe

• North America and Australia

• Asia and the Middle East