ReThink Milling, a start-up aiming to improve the milling process, became on Tuesday the winner of Wheaton Precious Metals’ (TSX: WPM) Future of Mining Challenge, securing a $1 million prize to advance its innovative grinding technology.
The Toronto-based company was recognized for its Conjugate Anvil Hammer Mill (CAHM) and MonoRoll technologies, which have exceeded initial expectations of being 50% more efficient while using 50% less energy. These solutions result in lower greenhouse gas emissions and reduced operating costs, positioning the technology as a game-changer for the mining sector.
Wheaton Precious Metals launched the Future of Mining Challenge in September 2024, inviting companies worldwide to propose solutions that address key industry challenges. The competition aimed to identify innovations that not only cut emissions but also enhance productivity and profitability within the mining…
