British VC fund Founders Factory has launched the Mining Tech Accelerator in partnership with Rio Tinto, as the metals giant seeks to find better ways to cash-in on surging demand for lithium, copper, and other materials critical to the clean transition. In April, Rio Tinto committed 14.4mn Australian dollars (€8.8mn) to the accelerator, which will support pre-seed and seed-stage startups over the next three years.
Comment on Rio Tinto backs six startups in high-tech bid for cleaner mining of lithium, copper
Siôn Geschwindt, The Next Web
Thu, 10/10/2024 - 4:44am
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