Josh Goldman is co-founder and president of mineral exploration startup KoBold Metals, discussing the raw material supply constraints facing the energy transition.
“To, you know, to get to a high penetration of battery powered devices that we need a tenfold increase in lithium production relative to today.”
quote is from the automated transcript, cleaned for reading:
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More from Josh Goldman
AssertionOpen · timeframe Apr 2030
Goldman: All surface minerals discoverable by eye have already been found
“Anything you can find by traipsing across the ground with your eyes has been found by now, and we need more intelligent ways of looking for minerals in places that are concealed.”
Josh GoldmanApr 17, 2025▶ 2:22No Priors Ep. 111 | With KoBold Metals Co-Founder and President Josh Goldman
AssertionOpen · timeframe Apr 2025
Goldman: Mingomba is the highest-grade undeveloped large copper deposit globally
“It is the highest highest grade large copper deposit that is not yet a mine. The average of operating copper mines today is that the concentration of copper in the ore is, is about 0.6%. So if you mine a thousand kilograms of ore, not including the non-ore roc…”
Josh GoldmanApr 17, 2025▶ 12:13No Priors Ep. 111 | With KoBold Metals Co-Founder and President Josh Goldman
AssertionNot checkable as stated
Goldman: KoBold Built Proprietary Airborne Hyperspectral Sensor in Under a Year
“We built our own hyper spectral imaging system in less than a year, we had it flying on a light aircraft and we're surveying areas that we're interested in and we're using it for getting data in 600 colors at dramatically lower cost of acquisition and much, mu…”
Josh GoldmanApr 17, 2025▶ 18:51No Priors Ep. 111 | With KoBold Metals Co-Founder and President Josh Goldman
Insight
Goldman: AI cannot be isolated from human intelligence in discovery
“There is no way to isolate the AI from the HI. There's no way to isolate one piece of data that's uniquely powerful, and that's one of the reasons that I think is limited innovation as well”
Josh GoldmanApr 17, 2025▶ 20:17No Priors Ep. 111 | With KoBold Metals Co-Founder and President Josh Goldman
Insight
Goldman: Forecasting mine production 20 years out is easier than SaaS sales
“It is much easier to know what a mine is going to produce 20 years from now than it is to know what a SaaS company's sales volume is going to be 20 years from now and how it's going to be priced, right?”
Josh GoldmanApr 17, 2025▶ 21:21No Priors Ep. 111 | With KoBold Metals Co-Founder and President Josh Goldman
AssertionSupported
Goldman: $1B in exploration yields less than one deposit discovery today
“If you take a portfolio of exploration projects that cost some money, say a billion dollars industry-wide, how many successes will you have? And then you know, industry-wide, a billion successes will have hundreds of failures, but eight discoveries as of 30 ye…”
Josh GoldmanApr 17, 2025▶ 24:55No Priors Ep. 111 | With KoBold Metals Co-Founder and President Josh Goldman
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