Copyright © 2020 EXPANDE. All rights reserved.

Tailings Challenge

AGILE SOLUTIONS FOROPEN INNOVATION

Expande is a public-private initiative, under the eaves of

Alta Ley Corporation, it is co-designed and implemented

by Fundación Chile together with its partners strategic:

Corfo, Ministry from Economy, Promotion and Tourism,

Ministry from Mining, IADB Lab, Antofagasta Minerals,

BHP, Codelco, and Teck.

Copyright © 2020 EXPANDE. All rights reserved.

WHO WE ARE

BRIDGING THE GAP BETWEEN INDUSTRY AND THE INNOVATION ECOSYSTEM

INNOVATIONECOSYSTEM

NATURAL RESOURCESINDUSTRY

SCOUTING

SCALING UP AND ACCESS TO FINANCING

EXPANDE DATABASE INTERNATIONAL NODES

TECHNOLOGY TRANSFER

HACKATHONCHALLENGES

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Fall in

love with

the problem

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Copyright © 2020 EXPANDE. All rights reserved.

FIND OUR CHALLENGES AT WWW.EXPANDEMINERIA.CL

Expande currently works with Antofagasta Minerals, BHP, CODELCO, and TECK Resources

.

SUMMARY OF RESULTS (2017 - 2019)

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19 mining operations

closed contracts

70 pilot contracts

29 service contracts

43 startups

USD 23 millions

> USD 8 millions raised

20% world Cu

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Tailings Challenge

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"BHP Tailings Challenge" seeks to identify and implement sustainable economy models able to create marketable solutions using fresh copper mining tailings as raw material To this end, it seeks to identify a combination of technology and business acumen able use sustainable economy to help the industry reduce its impact on the environment and on communities.

ABOUT THECHALLENGE

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June 16th

Launch Close Call

Aug 21st

Sept2020

Selection of up to 10

teams$50K

Open Call

Proof of Concept

June2021

Selection of up to 3 teams$300K

Grandfinale$8.6M

On-Site Test Scale Up

Selected teams are sent samples of tailings to prove

their solution at lab scale

Selected teams demonstrate their

solution is technically and commercially viable

at an industrial level

Selected teams scale up commercial

model(not limited to

winner)

April2021

Proof of concept results

presentation

March 2023

TIMELINE

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June 16th

Launch Close Call

Aug 21st

Open Call

TIMELINE

• Have a comprehensive approach to the overall challenge

• Focus on technology – we don´t want to leave out any good idea

• Eligible technologies from TRL 2 onwards

• Fast scaling strategy for early stage technologies

• High level market assessment and business model

• All intellectual property generated by the participants will remain in their ownership

• Opportunity to participate in BHP Tailings Challenge Community to identify potential partners

Copyright © 2020 EXPANDE. All rights reserved.

Sept2020

Selection of up to 10

teams$50K

Proof of Concept

• Selected teams are will receive a sample of tailings to prove their solution at a lab scale

• Six months stage starting upon reception of tailings sample

• Teams will be allowed to grow over the process . Merging teams could also be considered.

• Promising technical results are expected to justify advancing to the on-site test

• A clear business model will also be evaluated

April2021

Proof of concept results

presentation

TIMELINE

• Selected teams will demonstrate their solution is technically and commercially viable in an industrial setting

• EXPANDE will support fundraising efforts

• The scaling stage seeks to implement a profitable fresh tailing repurposing business

• Exclusivity will not be required

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TIMELINE

June2021

Selection of up to 3 teams$300K

Grandfinale$8.6M

On-Site Test

March 2023

Scale Up

WHO ARE WE LOOKING FOR The most innovative companies,

startups, consortia, research centers and universities to help transform fresh tailings and create innovative business models

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To succeed teams will need to

• Provide a comprehensive solution covering from tailings discharge to end client

• Stabilize elements most commonly present in copper tailings

• Propose the new product/material/solution to be created out of tailings

• Show that they can solve the issue of logistics (considering that tailings are in remote locations)

• Propose attractive business models

• Avoid environmental and social impacts

REPURPOSINGCOPPER TAILINGS

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Teams will need to demonstrate, throughout the process

• Strong technological or scientific basis

• Execution capabilities

• Fast scaling strategy for early stage technologies

• Clear value proposition

• Business experience

REPURPOSINGCOPPER TAILINGS

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COMMUNITY

BHP Tailings Challenge Community is a public collaboration space facilitated by Expande where participants can upload information about their

company and/or solution. The goal of the community is to provide a showcase where members can meet and

identify potential partners in an organic manner.

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COMMUNITY

• Need to create a user and password for Expande´s Brightidea platform

• A single password is necessary for proposal submission, community and any other Expande

challenge your are seeking to apply

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COMMUNITY

www.tailingschallenge.com

Copyright © 2020 EXPANDE. All rights reserved.

www.tailingschallenge.com