World’s Largest Copper Producer Joins Mining Majors Backing I-Pulse Technology
I-Pulse Employs High Pulsed Power to Create Disruptive Solutions for Resource Discovery, Mining, Manufacturing, Agriculture and Geothermal Energy
I-Pulse Co-Founder, Chairman and CEO Robert Friedland and Laurent Frescaline, Co-Founder and Chief Technology Officer, are pleased to welcome Codelco as the company’s latest strategic investor and key partner in the development and commercialization of its disruptive pulsed power technologies.
Codelco, the world’s largest copper miner, will provide capital and real-world experience to accelerate the commercialization of I-Pulse’s breakthrough innovations for drilling, continuous underground mining, tunnelling and rock crushing. Codelco joins world leading mining majors BHP, Ivanhoe Mines, Newmont, Rio Tinto, and Teck Resources in investing in I-Pulse and advancing the development of its family of technologies.
Over nearly 20 years, I-Pulse has pioneered the application of high pulsed power technology to revolutionize the use of electrical energy. This groundbreaking technology enables the release of short yet immensely powerful electrical discharges at minimal marginal cost. I-Pulse technology can take the energy of a cell phone battery and safely and repeatedly turn it into the power output of a nuclear power plant for tiny fractions of a second. This has enabled I-Pulse to bring disruptive change to a multitude of industries, including mining, resource discovery, manufacturing, agriculture and geothermal energy.
“All of our management and scientists at I-Pulse welcome our new shareholder Codelco,” Robert Friedland said. “Minerals are crucial to our daily lives and critical to meeting global energy and technology demands. The way the mining industry has always crushed rocks with compressive force cannot deliver the step change required to produce the vast amount of copper and other critical minerals needed to improve national security, build data centers and AI infrastructure, and meet the many demands of the energy transition. Our technology can reduce the energy required to unlock critical minerals from rock by up to 80% and could render the ball and SAG mill circuits obsolete. We see I-Pulse technology as delivering a scale of change to the mining industry not seen since the invention of dynamite in 1867 by Alfred Nobel, who later went on to establish the Nobel Prize.”
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