Rio Tinto to invest in the world’s best technology startups
Each start-up will receive a cash investment and participate in a four-month accelerator program run by
The Western Australian Government has also partnered with
The partnerships with
“Our iron ore operations in the Pilbara are among the most technologically advanced in the world. This exciting new partnership gives us the opportunity to build on our innovative legacy to unlock new technologies and help our business find better ways to provide the materials the world needs.
“With the backing of industry and the State Government, local and international start-ups will receive investment opportunities and access to real-world testing and scaling support, helping Western Australia’s innovation economy to grow.”
Western Australian Premier
“This is the first time the tech accelerator has operated in
“My Government is committed to decarbonising our economy by 2050 and it’s vital that we support local startups developing the technology to reach this goal.
“This 3-year partnership will further cement WA's position as a global leader in research and the development, helping to diversify the economy and create the jobs of the future.”
“This program can help international and local founders test their technologies with the global leader in the sector and find pathways to commercial scale and impact.”
Note to the editor
This program is complementary to Rio Tinto’s existing corporate venture capital activities which commenced in 2021. More information is available here.
B-roll of automation used on
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