Rio Tinto progresses the development of a gallium extraction process in Quebec
Rio Tinto Plc (RIO)
US:NYSE Investor Relations:
riotinto.com/investors-87.aspx
Company Research
Source: Business Wire
SAGUENAY, Canada--(BUSINESS WIRE)--As part of a research and development program, Rio Tinto is assessing the potential for extracting and valorising gallium, a critical and strategic mineral already present in the bauxite processed in its alumina refinery in Saguenay–Lac-Saint-Jean, the only one in Canada.When the preliminary phase of technology development is conclusive, Rio Tinto plans to build a demonstration plant in Saguenay for extraction technology that can produce up to 3.5 tonnes of gallium per year. The Government of Quebec has committed up to C$7 million for the demonstration phase. Eventually, the extraction potential of a commercial-scale plant could reach 40 tonnes annually, representing between 5 and 10% of current world gallium production.Primary gallium is used in key sectors, including the manufacture of integrated circuits, which are of vital importance in many new technologies such as high-performance radar, smartphones, electric cars and laptops.Jérôme Pécress
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Sec Filings
- 10/9/24 - Form DEFA14A
- 10/9/24 - Form DEFA14A
- 10/2/24 - Form 6-K
- RIO's page on the SEC website