BHP Xplor has put out a call for applications for its 2025 cohort, encouraging teams focused on uncovering new sources of critical minerals for a sustainable future to apply.
Following the success of the 2023 and 2024 cohorts, BHP Xplor is excited to invite early-stage explorers to join its next chapter. The six-month accelerator program aims to revolutionise critical minerals discovery.
The BHP Xplor program is designed to accelerate participants’ exploration opportunities while fostering long-term relationships with BHP. Participants will benefit from up to $500K equity-free funding, expert mentorship and invaluable connections within BHP’s extensive network of suppliers and service providers.
Since inception, BHP has entered partnerships with three of program’s alumni. The partnerships strive to be industry-leading in how they are structured to foster collaboration and the opportunity for mutual value creation between a major and junior explorer.
BHP Xplor and Exploration Vice President, Sonia Scarselli, said the Xplor program in 2024 was an unforgettable journey filled with growth, innovation, and discovery.
“The program applications doubled from 2023 to 2024, and we are excited to see who will come forward for our 2025 program.
“The increased demand for critical metals presents a unique opportunity for junior explorers, but success requires strong, two-way partnerships built on trust. Xplor is a boldly different way of thinking; it’s about shared vision. We believe this approach will help us to be better as an exploration industry and expedite the discovery of critical minerals required for a greener future.”
Additionally, the 2025 cohort will join the BHP Xplor alumni community to continue sharing insights and learnings on their journey.
2024 BHP Xplor Alumni and CEO and Director of East Star Resources, Alex Walker, said, “The toolkit that we have brought to East Star from BHP Xplor has elevated us in terms of professionalism.
“Having someone who feels like they are in your corner has been amazing. Since Xplor, we’re expanding, we’ve built a bigger team and we have bigger targets. We expect this will result in a better outcome for all stakeholders.”
For BHP, this initiative presents an opportunity to tap into a diverse pipeline of exploration projects across new geographies and geological concepts, enhancing its global portfolio and shaping future growth.
Applications for the BHP Xplor 2025 cohort are open from 2 September 2024 to 9 October 2024.
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