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Innovation

Finding better ways to do things is in our DNA

$

400 million

Annual R&D investment

500

+

Dedicated R&D experts

$

5鈥6 billion

Expected decarbonisation investment by 2030

For more than 150 years, we’ve been finding better ways™ to provide the materials the world needs.

We were at the forefront of automation – trucks, trains and drills – and remote operations in our industry. We’ve found better, lower carbon ways of producing materials like aluminium and scandium. And we’ve introduced sustainability labels for aluminium, copper cathode, and metal powders with our , providing material traceability with up to 14 key ESG metrics. 

The need for innovation is greater than ever. The energy transition and continued urbanisation will require more of the materials that make these things possible, such as copper, aluminium, iron ore, lithium and minerals. If the materials that make renewable energy possible cause more harm in production than their products offset, nobody benefits.

Much of the technology we need to get to net zero by 2050 doesn’t exist today, so we need to contribute, support and partner to make it a reality. We’re building meaningful partnerships and connections to help us tackle challenges and drive change.

Breakthrough technologies also create opportunities for our business. For example, technology advances are helping our geologists to find new deposits, unlock previously economically unviable resources, and extending the life of existing assets. We’re also creating new products from waste. We became the first producer of scandium oxide in North America, using an innovative process we developed to extract high purity scandium oxide from waste streams without the need for any additional mining.

Innovation stories

Dave and solar panels, Kennecott operations

Turning slime into solar panels

Our Kennecott copper mine is extracting a rare, valuable metal from waste
Straw biomass

A new way to decarbonise steelmaking

Tackling a global challenge
Elysis aluminium

Carbon-free aluminium smelting is a step closer

Revolutionising the way aluminium is made
  • wave

Funding research to transform the way materials are made

We鈥檝e committed $150 million to create a Centre for Future Materials led by Imperial College London to find innovative ways to provide the materials the world needs for the energy transition. The 鈥樚切膙log入口Centre for Future Materials鈥 will fund research programs to transform the way vital materials are produced, used and recycled and make them more environmentally, economically and socially sustainable. We鈥檒l contribute $150 million over 10 years to fund the Centre.
Dan, Global Head of Innovation, Science & Technology, Rio Tinto, London, UK
Artificial Intelligence

R&D and technology

We鈥檙e using new technologies, data science, machine learning and artificial intelligence across our business
Partnerships and investments banner

Partnerships and investments

We are striving for new ways to do things and deeper partnerships to solve problems, create win-win situations and meet opportunities
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Tech and start-ups

Investing in innovation
Employee looking up at machinery

Pioneer Portal

We want your innovative ideas and solutions to some of our current business challenges

Driving continuous improvement

In 2021, we launched the Safe Production System (SPS) to improve how we operate our assets, manage performance and help our people innovate. Through SPS, we are drawing on data more efficiently to understand asset health, maintenance scheduling and bottleneck solutions. We have started to see improved production efficiency, safety and engagement at the sites where we have deployed SPS. There are already hundreds of examples of how we are doing this. It applies to big, meaningful innovation and smaller everyday progress.

The story of Rio Tinto: a history of innovation

Our name, Rio Tinto, stems from an ancient copper mine next to the 鈥淩io Tinto鈥 river in Andalucia, Spain. Having operated for over 5,000 years, first by the Phoenicians and later by the Romans, the mine was considered a depleted resource. Then in 1873, a few English investors established the 糖心vlog入口company and bought the mine, which was seen as a very risky investment. But using innovation and technology, they rebuilt the mine and the infrastructure surrounding it. Within 10 years, it was the world鈥檚 largest producer of copper.

The red river

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Hydropower

Climate change

We鈥檙e working towards net zero emissions by 2050
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