Artificial Intelligence: The Road to an Equitable and Sustainable Cobalt Supply
Cobalt Institute and Stanford Mineral-X’s groundbreaking paper “Artificial Intelligence: The Road to an Equitable and Sustainable Cobalt Supply”, maps both existing and emerging AI applications across the cobalt value chain and sets out a forward-looking vision for the future.
Authored by renowned Stanford University Professor and Mineral-X co-founder Jef Caers, in partnership with Cobalt Institute, the paper explores how Artificial Intelligence (AI) can reshape the cobalt supply chain – from exploration to production – while advancing equity and sustainability.
AI will play a pivotal role in creating an equitable and sustainable cobalt supply chain
Autonomous AI is not yet possible in critical mineral value chains, including cobalt.
An equitable and sustainable cobalt supply chain requires new technology investments, as well as policy changes at the country and international levels.
An AI-assisted approach has already transformed the way companies conduct critical mineral exploration, with exploration becoming more cost-effective as a result.
AI has the potential to help reduce unexpected and costly surprises in both mining and processing by optimizing operational planning.
AI can help transform the current cobalt supply chain in line with chosen ESG standards
AI is optimally placed to help reduce uncertainty on the possible presence of economically viable deposits
AI can aid cobalt exploration by accounting for the various, unique cobalt-hosting mineral systems, and then making recommendations on project development to help reduce exploration cost by factoring in both geological risk and ESG standards.
AI provides optimization opportunities in processing of cobalt ore in the areas currently ripe for innovation.
Reprocessing cobalt from mine tailings has gained attention to recover cobalt while reducing environmental impacts associated with mining.
Mineral-X is a research and innovation initiative based at Stanford University’s Doerr School of Sustainability that focuses on technological innovations to create a resilient & sustainable critical mineral supply chain. It develops new pathways in the mineral supply chain, from upstream mineral exploration to processing, in collaboration with industry partners. It develops novel data science and integrated decision-making under uncertainty across the critical mineral value chain.
