Tuesday 29th November 2022 Font size:

Bill Gates-Led fund backs pulsed-power technology to clean up mining

Tuesday, November 22nd, 2022

Aclimate fund founded by Bill Gates is investing in technology that uses surges of electricity to shatter rocks and mineral ores in a bid to reduce energy use and carbon emissions at mines.

A European fund tied to Gates’ Breakthrough Energy Ventures invested €12-million ($12.3-million) in the I-ROX pulsed-power venture with Robert Friedland’s I-Pulse.

The technology is based on short, high-intensity bursts of power to streamline crushing and grinding processes that today make up the most energy-intensive and expensive part of mining.

That would help producers of metals like copper and nickel achieve carbon-reduction targets, thereby boosting industry efforts to gain acceptance for expansions to meet growing demand in the transition away from fossil fuels.

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