Wheaton Precious Metals launched its Future of Mining Challenge in September 2024 with a goal to
support the mining industry to innovate, improve efficiencies, and deliver essential commodities and
materials in a more sustainable manner.
There is a growing demand for the minerals needed to fuel the transition to a low-carbon economy. At the
same time, as the essential role of mining is increasingly brought into the spotlight, there is heightened
scrutiny around the industry's practices and carbon footprint. Constant innovation is essential to
responsibly meet the growing global demand for minerals and metals, and it is the driving force behind
Wheaton’s Future of Mining Challenge. We know it can take a long time to integrate new technology
across global mining operations and it requires industry support to get there.
Wheaton’s Future of Mining Challenge invites ventures from around the world to propose industry
solutions aimed at improving operational efficiencies while minimizing environmental impacts. The award
for the winning venture of Wheaton’s annual Future of Mining Challenge is US$1 million and industry
exposure to help propel their innovative solution forward toward commercialization.