Twenty-four mining innovators to share $15M in development funds

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Mining Innovation Commercialization Accelerator announces second round of fund recipients

Twenty-four companies innovating new technology for the mining industry will share in $15 million in development funds to push their ideas more quickly to market.

Doug Morrison, MICA’s president and CEO, said supporting small and medium enterprises plays a “critical role” in the country’s move to transition to green energy. “The funding announced today provides the investment necessary to help achieve results, and by utilizing the MICA Network, we help introduce their products to the companies that need them.”

Its membership includes mining companies, industrial suppliers, academic organizations and researchers, and industrial innovators.

 

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