Codelco, the world’s top copper producer, is exploring I-Pulse Inc.’s pulsed power technology to enhance mining efficiency. Maximo Pacheco established relations with Robert Friedland during a lab visit, indicating mutual interest. Friedland confirmed ongoing discussions about this technology, which is aimed at reducing energy use and emissions in mining. Other mining firms are also investing in I-Pulse technology to address growing demands for essential minerals.
Codelco, recognized as the largest copper producer globally, is exploring the potential adoption of innovative technology being developed by Robert Friedland’s I-Pulse Inc. This technology harnesses electricity to fracture rocks, significantly enhancing mining efficiency. Maximo Pacheco, Codelco’s executive chairman, noted his recent visit to I-Pulse laboratories in Toulouse, France, where he established promising relations with Friedland. Although no formal agreement exists, both parties exhibit strong mutual interest in potential collaboration.
Further affirming the discussions, Friedland stated, “We are in discussions with Codelco and many others about the use of I-Pulse technology.” I-Pulse, described by Friedland as a private American unicorn, employs surges of electricity—known as pulsed power—in various industries, including mining. One of its projects, I-ROX, utilizes this technology to shatter rock at mining sites, aiming to reduce energy consumption and emissions and has attracted investments from notable backers such as BHP Group and a European fund associated with Bill Gates’ Breakthrough Energy Ventures.
Additionally, other mining corporations, like Rio Tinto Group, Newmont Corp., and Teck Resources Ltd., have invested in I-Pulse technology, highlighting its growing significance. As the demand for essential minerals, such as copper and lithium, rises, the urgency for innovative mining solutions becomes ever more critical. Pacheco remarked, “The tremendous demand for critical minerals — copper and lithium — require new forms of mining.” He emphasized the importance of following I-Pulse closely, noting Friedland’s considerable expertise and the innovative developments occurring through their collaboration.
In summary, Codelco is actively considering the integration of I-Pulse Inc.’s electrical technology to improve their mining processes. The discussions between Codelco and I-Pulse, indicated by both Maximo Pacheco and Robert Friedland, reflect a shared commitment to addressing the urgent needs of the mining industry, particularly in the context of environmental sustainability and operational efficiency. This collaboration may ultimately lead to significant advancements in the extraction of critical minerals.
Original Source: financialpost.com
