{"id":81493,"date":"2023-07-05T06:03:08","date_gmt":"2023-07-05T06:03:08","guid":{"rendered":"https:\/\/globalroadtechnology.com\/\/?p=81493"},"modified":"2023-07-05T06:03:08","modified_gmt":"2023-07-05T06:03:08","slug":"rio-tinto-explores-new-battery-technologies-at-in-house-lab","status":"publish","type":"post","link":"https:\/\/globalroadtechnology.com\/rio-tinto-explores-new-battery-technologies-at-in-house-lab\/","title":{"rendered":"Rio Tinto Explores New Battery Technologies at In-house Lab"},"content":{"rendered":"

Rio Tinto will establish a dedicated battery lab in Melbourne to better understand the booming battery metals market. <\/span>While not aiming to become a battery manufacturer, per se, Rio will develop its battery technology to help research and provide tailored solutions to industry players.<\/span><\/p>\n

The world\u2019s second-largest mining firm, Rio will remain focused on supplying battery metals rather than manufacturing.\u00a0<\/span><\/h3>\n

Once the Bundoora lab is completed in November this year, the company hopes to make many important discoveries in the fast-growing clean energy sector. <\/span>There is wide speculation that while the English miner is a significant source of Iron Ore, copper and Aluminium, it has ambitions to enter the lithium market shortly.<\/span><\/p>\n

Lithium, or Li, is a core component in EV batteries<\/a>, a technology at the centre of Rio\u2019s future growth plans.<\/b><\/p>\n

With an Li project in Argentina and plans to develop Europe\u2019s largest lithium mine in Serbia, the resource giant is also looking at multiple acquisition opportunities.<\/span><\/p>\n

According to the chief executive of Minerals, Sinead Kaufman, \u201cThe laboratory will deepen Rio\u2019s skills and expertise and ultimately enhance our customer proposition. <\/span>At this lab, we will build our own batteries, allowing us to test how our minerals and other products will perform in real-world applications, such as in electric vehicle batteries,\u201d she added.\u00a0<\/span><\/p>\n

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WA implements \u201cAction Plan\u201d with Indonesia for Critical Minerals<\/strong><\/h2>\n

WA has followed on from a recent Memorandum of Understanding (MoU) to cement a formal Plan of Action with Indonesia concerning the critical minerals supply chain. <\/span>WA\u2019s new Premier Roger Cook signed the Plan alongside Indonesia’s Chamber of Commerce and Industry (KADIN) during President Joko Widodo’s recent visit to Australia.<\/span><\/p>\n

The agreement aims to strengthen the state\u2019s economic ties, trade, and supply chain opportunities with Indonesia.<\/span><\/h3>\n

In turn, giving extra focus to the rising demand for critical minerals and up-scaling battery supply as the world hurries towards net zero carbon.\u00a0<\/span><\/p>\n

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Key points at a glance:<\/b><\/p>\n