About

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.

The Challenge

Watch this space for information about Wheaton’s 2025/26 Future of Mining Challenge.

Contact Past challenges

Wheaton’s Future of Mining Challenge Winning Solutions

2024/25 Winner

2025 Winner

On Tuesday, March 4, during the 2025 Prospectors and Developers Association of Canada’s annual conference, Wheaton Precious Metals announced the winner of its inaugural Future of Mining Challenge.

The 2025 winner of the Future of Mining Challenge is ReThink Milling Inc. for its Conjugate Anvil Hammer Mill and MonoRoll technologies, which have the potential to revolutionize the milling process. This innovative grinding technology demonstrates immense potential to deliver greater efficiency with significantly lower energy use, leading to reduced greenhouse gas emissions and operating costs.

Learn more about ReThink Milling’s Conjugate Anvil Hammer Mill and MonoRoll technologies

About Wheaton Precious Metals

Wheaton Precious Metals is the world’s premier precious metals streaming company, providing shareholders with access to a high-quality portfolio of low-cost, long-life mines around the world. Through strategic streaming agreements, Wheaton partners with mining companies to secure a portion of their future precious metals production. Committed to responsible mining practices, Wheaton employs industry-leading due diligence practices with a goal of unlocking long-term value for shareholders while supporting the broader mining industry to deliver the commodities society needs through access to capital. Wheaton’s shares are listed on the Toronto Stock Exchange, New York Stock Exchange and London Stock Exchange under the symbol WPM. Learn more about Wheaton Precious Metals at www.wheatonpm.com or follow us on social media.

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