Shares of Rio Inch up after CA$25 Million Deal with Canada Investment Fund

MT Newswires Live

2025/11/03

Shares of Rio Tinto Group (ASX:RIO) inched up in recent Monday trade after it said in a Saturday statement that Canada Growth Fund will invest CA$25 million for the production of scandium oxide at the facility within the company's Critical Minerals and Metallurgical complex in Quebec.

The funding will expand the facility's nameplate capacity to nine tonnes of scandium oxide per annum, the statement said.

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