“Cetos Water’s approach to tackling one of mining’s most pressing challenges exemplifies the type of bold, practical innovation we set out to support through the Future of Mining Challenge,” said Randy Smallwood, Chief Executive Officer of Wheaton. “Their technology has the potential to improve how water is managed across mining operations, and we are proud to award them with $1 million to continue to advance their work.”
“The mining industry continues to explore new ways to integrate sustainable solutions into core operations, and emerging technologies like this show strong promise in driving meaningful change,” said Haytham Hodaly, President of Wheaton. “Cetos Water is working to enable more efficient reuse of water at mine sites by providing a low-energy, solvent-based approach. We are pleased to support a solution that has the potential to contribute to stronger environmental outcomes across the sector.”
Building on its launch in September 2024, this year’s Future of Mining Challenge focused on identifying innovative technologies that support sustainable water management in mining.
“Water is quickly becoming a defining constraint on mining operations worldwide — shaping project timelines, operating costs, production throughput, and permitting risk,” said Shannon Knee, Founder and Chief Executive Officer of Cetos Water. “Cetos Water seeks to transform complex wastewater from a liability into a resilient resource: supporting discharge compliance and reducing tailings liabilities in water-abundant regions, while unlocking unconventional water supply in water-scarce areas. We’re honored to be recognised by Wheaton Precious Metals and to help advance a more sustainable, water-secure future for mining worldwide.”