From RT.com…
The three billionaires have faced scorn and mockery on social media for their part in a venture mining “natural resources” in Greenland.
Mineral exploration company KoBold Metals, which is backed by the billionaires, signed a deal with Bluejay Mining this week to mine Greenland for resources that can be used in electric vehicles.
KoBold uses artificial intelligence to search for materials and the company is paying $15 million for the exploration project on the west coast of Greenland. They will receive a 51% stake in the project. The area being explored is thought to contain materials such as nickel, cobalt and copper, all highly sought after for use in batteries.
