Rio Tinto Group (ASX:RIO) secured an interim agreement with the Yinhawangka Aboriginal outlining cooperation between both parties on the company's operations on Yinhawangka Country in Western Australia, the mining giant said in a statement on Friday.
The agreement introduces a co-management approach with the Yinhawangka People to be involved in mine planning and includes funding to support their participation in co-management, the statement said.
A full agreement is expected to be finalized in 2026.
Rio Tinto shares rose 2% in afternoon trade on Friday.