Skyrocketing demand for copper promises to push prices to new heights. As the global economy transitions away from fossil fuels, it is going to need twice as much copper in the coming years than humanity has mined throughout all of its existence.
Still Bright, a New Jersey-based startup founded in 2022, thinks it has found a novel (and cleaner way) to slash those costs.
“The fact that we’ve already mined the easily mineable stuff, and the fact that we need many more mines to come into production every year — we’re talking like 60-plus mines — is it seems like an impossibility, like there’s no path to get there,” Randy Allen, co-founder and CEO of Still Bright, told TechCrunch.
But a large fraction of that demand could be…
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