Codelco, a Chilean state-owned mining company, has acquired a minority stake in US-based I-Pulse to improve mining efficiency and reduce environmental impact.
The investment will utilize I-Pulse's advanced high-pulsed power (HPP) technologies to enhance rock fragmentation, precision cutting, and drilling processes.
Codelco joins global miners BHP, Rio Tinto, Newmont, Ivanhoe Mines, and Teck Resources as an investor in I-Pulse, leveraging its technologies for improved operations.
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Author's summary: Codelco invests in I-Pulse for efficiency.