Commercial & Scientific Analyst

About the company 

The mining industry has steadily become worse at finding new ore deposits, requiring >10X more capital to make discoveries compared to 30 years ago. The easy-to-find, near-surface deposits have largely been found, and the industry has chronically under-invested in new exploration technology, relying on the manual techniques of yesteryear – even as demand accelerates for copper, lithium, and other metals to build electric vehicles, renewable energy, and data centers.

KoBold builds AI models for mineral exploration and deploys those models—alongside our novel sensors—to guide decisions on KoBold-owned-and-operated exploration programs. In the six years since founding, KoBold has become by far both the largest independent mineral exploration company and the largest exploration technology developer. Our data scientists and software engineers, who come from leading technology companies, jointly lead exploration programs with our renowned exploration geologists.

KoBold has proven its first discovery with materially less capital than the industry average and found one of the best copper deposits ever discovered: the copper is far more concentrated than the global average of copper mines, and this asset alone is expected to generate meaningful revenue for decades. KoBold has a portfolio of more than 60 other projects, each of which has the potential for another high-quality discovery.

KoBold is privately held; investors include institutional asset managers T. Rowe Price, and Canada Pension Plan Investments; technology venture capitalists Andreessen Horowitz, Breakthrough Energy Ventures, BOND Capital, and Standard Investments; and natural resources companies Equinor, BHP, and Mitsubishi.

We’re hiring a Commercial & Scientific Analyst to accelerate our mission.

About the position

In this role, you will report to a Lead or Manager within the Commercial Analytics team, and work closely within a remote team of 5 - 7 (across North America and Europe) to structure ambiguous problems, build financial and operational models, and provide recommendations to the C-suite for key decisions. 

The work will span a variety of topics and include traditional market analyses such as creating supply/demand forecasts and writing commodity outlook reports, and non-traditional analyses as-needed to advance KoBold’s mission – e.g., operational and financial modeling for KoBold’s exploration programs, build vs. buy decisions for KoBold’s technology, mine economics modeling, and scientific communication materials for external audiences s, to name a few.

This is an ideal role for a recent graduate looking to acquire a wide range of skills very quickly. The learning curve will be steep, and the work will be varied and intellectually demanding. 

Responsibilities

The Commercial & Scientific Analyst will:

• Aggregate existing research and/or conduct original research to build forecasts and models related to commodity markets, KoBold operations, mine development, and more
• Work with the Commercial Analytics and Financial Planning & Analysis team to answer strategic questions from leadership
• Prepare materials for the Board of Directors and investors or partners
• Use a first-principles approach in collaboration with various KoBold functions to help make decisions or improve operational efficiency (e.g., cost models for technology, HR, exploration programs, carbon emissions reporting, trade-off/sensitivity analyses)
• Conduct analytics for critical workstreams in mine development and exploration
• Build and maintain financial models assessing project economics 
• Support others on the Commercial Analytics team on various analytical assignments 

Qualifications

 A great candidate will have:

• Education in a STEM discipline or economics (physics, chemistry, astronomy/astrophysics, or mathematics is preferred)
• At least 1 year of experience in technology, natural resources, finance, or professional services
• Experience with Python or other scientific computing language and/or financial modeling
• Excitement about working on a wide array of problems
• Excellent communication and organizational skills
• Regardless of formal training, a strong orientation toward thinking from first principles with respect to science, technology, economics, and business

Work practices and motivation:

• Demonstrated ability to quickly absorb and synthesize complex information, with a keen eye for detail and intellectual rigor
• Exceptional curiosity and eagerness to learn, with a proactive approach to exploring new concepts and technologies
• Excitement about joining a fast-growing early-stage company, comfort with a dynamic work environment, and eagerness to take on a range of responsibilities
• Ability to independently prioritize multiple tasks effectively

KoBold Metals is an equal opportunity workplace and an affirmative action employer. We are committed to equal employment opportunities for people of any race, color, ancestry, religion, sex, gender identity, sexual orientation, marital status, national origin, age, citizenship, marital status, disability, or veteran status.

This position is full-time, exempt.

The US base salary range for this full-time exempt position is $105,000 - $125,000

Location: KoBold is a remote first workplace, we are open to candidates currently residing anywhere in the United States, Canada, or United Kingdom. All candidates must be authorized to legally work in either the United States, Canada, or United Kingdom.