(May 13, 2025) Through a Letter of Intent signed with the world’s leading U.S. company in commercial applications of High Pulsed Power (HPP) technologies, Codelco seeks to promote cutting-edge solutions that improve efficiency, reduce costs, and minimize the environmental impact of its operations.
“This alliance reflects our commitment to innovation as a driver of more efficient and responsible mining. The possibility of incorporating capabilities like those of I-Pulse, which can revolutionize key processes such as rock fragmentation, is fully aligned with our vision for the future of Codelco and our goal of being a pillar of sustainable development in Chile and the world,” said Máximo Pacheco, Chairman of the Board of Directors of the state-owned company.
Codelco and I-Pulse are contemplating a transaction to coordinate their capabilities and expertise, consistent with I-Pulse’s existing contractual obligations, to explore the use of pulsed power solutions for mining applications such as rock and mineral fragmentation, precision cutting, and drilling.
“We know that mining is an energy-intensive activity, and comminution, which includes crushing and grinding, is the most energy-intensive production stage. This technology has the potential to reduce the electricity consumption of this process by up to 80%, which would mean a substantial reduction in the carbon footprint of operations,” explains Pacheco.
Both companies share an interest in accelerating the development and implementation of this system, with a view to generating advances that will address the structural challenges of large-scale mining, with older deposits, lower ore grades, and growing global demand in the context of the energy transition.
“We must fulfill our commitment to the planet to provide the critical minerals that enable the transition to clean energy and technologies, but we can’t do so at any cost. Now more than ever, it’s essential to conduct this activity in an environmentally responsible manner, and I-Pulse’s technology represents a viable alternative to reduce the impact of mining operations,” Pacheco concluded.