Critical minerals needed for electric vehicles are in high demand and world renowned billionaires are now funding an exploration project in Greenland. Mineral exploration company KoBold Metals, backed by Bill Gates, Jeff Bezos, Michael Bloomberg, and Ray Dalio, has signed a joint venture with British mining firm BlueJay in search for nickel, copper, cobalt, and platinum. As per BlueJay’s statement, Kobold will invest $15 million in the Disko-Nuussuaq project on Greenland’s west coast in exchange for a 51% stake in the project. Disko-Nuussuaq covers a 2,776 km² magmatic massive sulphide area, expected to be rich in nickel, copper, platinum, and cobalt. …
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