Rio Tinto to invest in the world’s best technology startups
Rio Tinto Plc (RIO)
US:NYSE Investor Relations:
riotinto.com/investors-87.aspx
Company Research
Source: Business Wire
PERTH, Australia--(BUSINESS WIRE)--Rio Tinto is teaming up with a leading global venture studio and start-up investor to back the development and commercialisation of breakthrough technologies in the mining industry, supporting the company’s efforts to find better ways to provide the materials the world needs.Rio Tinto will partner with Founders Factory and invest A$14.4 million in global pre-seed and seed stage start-ups over the next three years. The focus will be on technologies in the fields of safe mine operations, decarbonisation, exploration processing and automation.Each start-up will receive a cash investment and participate in a four-month accelerator program run by Founders Factory to support product development and commercialisation.The Western Australian Government has also partnered with Founders Factory to invest in nature-tech start-ups that preserve and restore nature and biodiversity.The partnerships with Rio Tinto and the Western Australian Government will suppo
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News
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- Elemental Altus Royalties Announces Acquisition of New Royalty Being Advanced by Rio Tinto Exploration [Yahoo! Finance]Yahoo! Finance
- IG ASIA Acquires Majority Interest in the Pribrezhniy Porphyry Copper Deposit in the Republic of Kazakhstan [Yahoo! Finance]Yahoo! Finance
RIO
Analyst Actions
- 3/5/24 - Liberum Capital
RIO
Sec Filings
- 4/16/24 - Form SD
- 2/27/24 - Form IRANNOTICE
- RIO's page on the SEC website