Vancouver-based Wheaton Precious Metals has awarded USD $1 million to New York startup Cetos Water, winner of the company’s second annual Future of Mining Challenge. The competition focused on technologies addressing sustainable water management in mining operations. Cetos Water’s low-energy, solvent-based system converts complex mine wastewater into clean, reusable water, helping reduce freshwater demand and environmental risk.
Delivered in partnership with the University of British Columbia’s Sauder School of Business, the challenge drew global applicants. Canadian companies pH7 Technologies of Vancouver and H2nanO of Kitchener were named finalists, highlighting Canada’s growing cleantech presence in mining innovation.
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