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Rio backs Brisbane player to develop heavy equipment battery solution

RIO Tinto has signed a joint development agreement with Brisbane-based and Toronto Stock Exchange-listed Graphene Manufacturing Group to develop a graphene aluminium-ion battery that could power mining equipment.

Noel Dyson
GMG's Richlands office - Credit GMG

GMG's Richlands office - Credit GMG

The major has also put up A$6 million (US$4 million) for preferential access rights to the technology. The JDA builds on an existing collaboration struck between the two last year for Rio Tinto to explore...

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