TECH - Bill Gates-Backed Mining Startup Eyes Congo's Rich Cobalt And Copper Resources | Benzinga
Bill Gates-backed mining startup KoBold Metals is reportedly exploring the potential for expansion into the Democratic Republic of Congo. The San Francisco-based company is known for its copper project in Zambia.
What Happened: KoBold Metals CEO Kurt House has revealed that the firm is studying investment options in the Democratic Republic of Congo. Despite a failed bid for a Congo asset, the company remains optimistic about the region’s prospects, reported Bloomberg.
House said that he believes that Congo’s rich cobalt and copper resources could benefit the company’s pursuit of green energy materials.
Demand ...