Codelco is exploring I-Pulse’s electrical pulsed power technology to enhance mining efficiency. Executive chairman Maximo Pacheco noted strong interest in collaboration with Robert Friedland’s company. The technology aims to address environmental challenges while meeting the growing demand for critical minerals like copper.
Codelco, recognized as the world’s leading copper producer, is exploring the potential of I-Pulse Inc.’s innovative rock-shattering technology, which utilizes electrical pulsed power. Maximo Pacheco, the executive chairman of Codelco, visited I-Pulse’s facilities in Toulouse, France, and expressed the development of a solid working relationship with Robert Friedland, the firm’s founder. No formal agreements are yet in place, but there is a mutual interest in collaboration.
Friedland confirmed ongoing discussions with Codelco and other companies regarding the application of I-Pulse technology. This approach harnesses high-energy electrical surges across various industries, including mining. One specific initiative, known as I-ROX, focuses on energy-efficient rock fragmentation, drawing significant attention from major investors like the BHP Group and Bill Gates’ Breakthrough Energy Ventures.
Additionally, other mining corporations such as Rio Tinto Group and Newmont Corp. have invested in I-Pulse, indicating a broad industry interest. Addressing environmental concerns is essential for Codelco and other miners in Chile as they navigate challenges related to declining ore quality, which forces them to excavate larger volumes of rock to maintain metal production levels. According to Pacheco, there is a critical need for innovative mining technologies in response to the growing demand for essential minerals like copper and lithium.
Codelco is assessing the integration of I-Pulse’s electric pulsed power technology to enhance mining efficiency amid declining ore quality. Esteemed figures like Maximo Pacheco and Robert Friedland are fostering a relationship aimed at future collaboration. The interest from various mining firms highlights the urgency for environmentally improved mining practices as the demand for critical minerals surges.
Original Source: financialpost.com
