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Home » Archive News In Brief » News in Brief 2023 » News in Brief 01_2023 » OZ Minerals, Boliden and Rio Tinto agree to innovate on solutions to pave the way for lower footprint mines

OZ Minerals, Boliden and Rio Tinto agree to innovate on solutions to pave the way for lower footprint mines

OZ Minerals, Boliden and Rio Tinto will collaborate to unlock new and innovative technologies for managing tailings, helping the mining industry to further reduce risk while extracting the materials the world needs for the energy transition from what was previously regarded as “waste”.

Under the umbrella of the Think & Act Differently (TAD) incubator initiative, OZ Minerals, Boliden and Rio Tinto will fund and support innovators who are working to reimagine mining and processing to eliminate, minimise, reuse or find value in mine tailings. The three companies will also collaborate on other selected innovations to pursue improved productivity while delivering benefits such as lower emissions and reduced waste.

The collaboration will support innovators by providing materials, funding, technical guidance and the potential for field trials at mine operations. Innovators will retain ownership of their intellectual property rights, with a licence to use those rights granted to the companies that support them.

The mining and processing industry has many long-term tailings projects across the world. Tailings are residues created from mining, refining, smelting and water treatment processes.

The Think & Act Differently program, powered by OZ Minerals, works towards building an ecosystem of partners who will explore and accelerate themes that prioritise social and environmental responsibility for the development of the modern mine. Central to its success is the active participation of a network of people from across multiple industries, organisations, community groups, governments, research organisations and others who want to play a role in solving complex challenges. (Rio Tinto/Si.)