Codelco, the largest copper producer in the world, is exploring the adoption of I-Pulse Inc.’s pulsed power technology to improve mining efficiencies. Executive chairman Maximo Pacheco acknowledges the strengthening relationship with Robert Friedland and the need for innovative solutions amidst declining ore quality and increasing demand for key minerals.
Codelco, recognized as the world’s largest copper producer, is contemplating the integration of advanced technology by Robert Friedland’s I-Pulse Inc. This innovative approach utilizes electrical impulses to fracture rocks efficiently, potentially enhancing mining operations. Maximo Pacheco, Codelco’s executive chairman, visited I-Pulse’s facilities in Toulouse and noted the establishment of fruitful relations with Friedland, emphasizing mutual interest in collaboration despite the absence of formal agreements.
Friedland confirmed that ongoing discussions with Codelco and various industry leaders revolve around I-Pulse technology, which applies pulsed power across numerous sectors, including mining and manufacturing. The initiative, particularly through I-ROX, minimizes energy consumption and emissions by effectively breaking rocks, garnering interest and investment from entities such as BHP Group and a fund associated with Bill Gates.
The growing necessity for sustainable mining practices has prompted Codelco to explore cleaner technological solutions, especially as ore quality declines. This shift is essential for securing societal support for the expansion of operations pertinent to vital minerals like copper and lithium. Pacheco remarked on I-Pulse’s significant expertise and expressed keen interest in closely monitoring their developments.
In summary, Codelco is exploring the adoption of I-Pulse’s pulsed power technology to enhance mining efficiency and sustainability. Maximo Pacheco’s visit to I-Pulse highlights evolving collaboration possibilities. With rising demand for essential minerals and declining ore quality, the shift towards innovative solutions is not only pivotal for Codelco but also reflects broader industry trends aimed at addressing environmental challenges in mining.
Original Source: financialpost.com