- Billionaires are investing in exploratory mining for cobalt and nickel on Greenland’s west coast.
- Greenland is more accessible today due to climate change causing Arctic melt.
- Nickel and cobalt are key to today’s battery industry and efforts to decarbonize.
Earlier this month, CNN published a piece provocatively titled “Billionaires are funding a massive treasure hunt in Greenland as ice vanishes.” In the story, reporter René Marsh explains that investors including Bill Gates and Jeff Bezos have helped fund an expedition to explore the mineral wealths of Greenland, a feat made easier by the ravages of climate change.
🌍 Science explains the world around us. We’ll help you make sense of it all—join Pop Mech Pro.
It inspired a ton of predictable responses about billionaires dancing on Earth’s grave. But the participating startup, KoBold Metals, says the materials it…