ReThink Mining, formerly the Canada Mining Innovation Council, aims to halve the mining industry’s energy, water use, and environmental impact by 2027, surpassing typical 2030 goals. Collaborating with major industry players, it develops innovative technologies like Komatsu’s MC51 and Novamera’s Surgical Mining™. The organization has successfully created prototypes exceeding efficiency targets. However, it faces challenges in securing funding for further commercialization due to the mining sector’s limited appeal to venture capital. To address this, ReThink Mining Ventures is establishing a venture capital fund to foster technological advancements and attract investments from mining companies and venture capitalists.