a16z Podcast Mining the Data for Cobalt
Jun 29, 2022
Kurt House, CEO and co-founder of Kobold Metals, and John Thompson, a Cornell geosciences professor, dive deep into the world of cobalt mining. They discuss how data and technology are revolutionizing cobalt sourcing amid increasing demand for electric vehicles. The conversation covers cobalt's critical role in battery performance, the challenges of finding new deposits, and the transformative impact of AI on mineral prospecting. They also explore the urgent need for responsible sourcing and innovative mining practices for a sustainable future.
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Cobalt's Rising Importance
- Cobalt's value has recently surged due to its essential role in batteries.
- Historically used for pigments, its importance now lies in energy storage.
Cobalt's Battery Chemistry
- Cobalt's layered structure makes it ideal for lithium-ion batteries.
- This allows for efficient lithium intercalation, crucial for charging and discharging.
Battery Technology Adoption
- Battery technology adoption depends on reliability and performance.
- Cobalt's stability and energy density make it difficult to replace in batteries.