BHP Billinton, the mining company of British-Australian origin, within the framework of its BHP Xplora accelerator program, selected seven companies that it will support with a cash amount of up to US$500,000 in order to boost the exploration of copper, nickel and critical metals, which is focused on the energy transition.
In addition to the monetary contribution, each company will have access to a network of internal and external experts, who will help guide them in the development of technical, commercial and operational aspects.
You may also be interested in: The 10 largest copper projects in the world
Meet the 7 companies that will be recipients of these contributions:
- Bronzite Corp: Professor James Mungall, an experienced field and economic geologist at Carleton University, Ottawa, is spearheading this early-stage copper exploration in northern Canada.
- Asian Battery Metals: A junior exploration company focused on economic critical mineral deposits in Asia Pacific.
- Kingsrose: A junior explorer listed on the Australian Stock Exchange, looking for nickel, copper and platinum group elements at its projects located in Norway and Finland.
- Red Ox Copper: This private Australian exploration group specializes in generating conceptual grassroots and greenfield plays with potential for Tier 1 ore deposits.
- Tutume Metals: This private exploration junior comes from Botswana and is looking for new nickel-copper magmatic systems in southern Africa.
- Nordic Nickel: What this explorer, which is listed on the Australian Stock Exchange, is targeting is nickel sulphide. They are currently working on two projects in northern Finland.
- Impact Minerals: A junior project generation company is listed on the Australian Stock Exchange. They work a wide variety of drum metals throughout Australia.