Gates-Backed KoBold Begins Hunt for Battery Metals in Namibia
- Company secured Namibia exploration licenses in 2024
- Namibia better known as one of the biggest uranium producers
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KoBold Metals Co., backed by billionaires including Bill Gates and Sam Altman, is extending its search for battery metals to Namibia, a country not known for producing the minerals.
The company is prospecting for lithium and nickel in southern and central Namibia after securing licenses in the third quarter of last year, Mfikeyi Makayi, chief executive officer of its African operations, said in an interview Tuesday in Cape Town.