Supra extends pre-seed funding round with Rio Tinto as strategic investor

SemiConductor
2026.04.08 17:57
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Supra Elemental Recovery Inc has secured a strategic investment from Rio Tinto and Founders Factory, aimed at advancing its modular critical mineral recovery technology. This investment, a mix of cash and in-kind services, will support Supra's efforts to recover high-purity minerals like gallium and scandium from waste streams. Selected from over 500 applicants, Supra is part of a cohort focused on innovative mining technologies. The funding will aid in technology development and preparation for commercial pilots, leveraging Rio Tinto's expertise in the mining sector.