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Clean energy metals explorer Earth AI and its joint venture partner, Legacy Minerals , announced Thursday the verified discovery of one of the largest palladium mineral systems in Australia.
This discovery of palladium, platinum, and nickel elements is both the first verified greenfield mineral discovery made by artificial intelligence and the first discovery of magmatic nickel, copper and PGEs on the east coast of Australia, a region previously thought to contain no magmatic nickel, the companies said in a news release.
Palladium is a vital component used in catalytic converters to reduce noxious emissions in internal combustion engine and hybrid vehicles, while platinum and nickel are both used in energy transition technologies including hydrogen fuel cells and lithium-ion batteries. Earth AI, founded in 2017, takes a novel approach to mineral exploration that combines AI-powered mineral discovery software and proprietary drilling technology. This identifies mineral prospects and validates and delineates the scale of the deposits faster and more cost efficiently than traditional methods, it said.
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