LONDON (dpa-AFX) - Rio Tinto (RTPPF.PK, RIO.L, RIO, RTNTF.PK) has partnered
with a leading global venture studio and start-up investor to advance
breakthrough technologies in the mining industry.

The partnership with Founders Factory includes a A$14.4 million investment in
global pre-seed and seed stage start-ups over three years, focusing on safe mine
operations, decarbonization, exploration processing, and automation.

Each start-up will benefit from cash investment and participation in a
four-month accelerator program to facilitate product development and
commercialization.

In addition, the Western Australian Government joins forces with Founders
Factory to invest in nature-tech start-ups, contributing to nature preservation
and biodiversity conservation. The partnerships will establish the first
Australian hub of Founders Factory in Perth, Western Australia, enhancing the
state's innovation landscape alongside its existing hubs in various global
cities.

Founders Factory successfully operates in London, Johannesburg, Milan, Berlin,
Bratislava, New York and Singapore.



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