XPRIZE operates as platform for impact. It designs and operates multi- million-dollar, global open innovation competitions to incentivise the development of technological breakthroughs that accelerate humanity towards a better future. The Foundation’s mission is to inspire and empower a global community of problem-solvers to create positive impact in the world. They believe solutions to the world’s problems can come from anyone, anywhere.
The first-ever XPRIZE competition, the US$10m Ansari XPRIZE for sub-orbital spaceflight, captured the world’s imagination and catalysed a multi- billion-dollar commercial space industry. Since then, the program has launched seventeen competitions in the areas of Energy, the Environment, Civil Society, Human Health & Longevity, Exploration, and mobility.
XPRIZE develops competitions in areas where system failures have limited progress or exhausted resources. XPRIZE’s Prize Design process is anchored in an open collaboration model, encouraging input from sponsors, innovators, industry leaders, academia, government, non- governmental organisations and the general public.
XPRIZE and its sponsors aim to revolutionise mining to sustainably meet the resource needs of the planet. XPRIZE is exploring the feasibility of prize designs that use innovative and scalable technologies to catalyse true zero-waste mining.
The Zero-Waste Mining XPRIZE was first presented at the 2017 XPRIZE Visioneering summit and selected as a candidate for a prize design by more than 280 industry leaders, tech experts, and representatives from NGOs. It is the first XPRIZE to address mining on a global level, recognising the urgent need for Moonshot Thinking and an incentivised global mining competition.
This initiative is sponsored by the Chilean Mining Consortium (ChMC), a partnership between Anglo American, Antofagasta Minerals, and BHP.