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Ideon and Rio Tinto Global Partnership Applies Next-Generation Subsurface Intelligence to Reduce Cost and Accelerate Critical Minerals Supply

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Ideon and Rio Tinto Global Partnership Applies Next-Generation Subsurface Intelligence to Reduce Cost and Accelerate Critical Minerals Supply
News

News

Ideon and Rio Tinto Global Partnership Applies Next-Generation Subsurface Intelligence to Reduce Cost and Accelerate Critical Minerals Supply

2025-10-06 19:59 Last Updated At:20:11

VANCOUVER, British Columbia--(BUSINESS WIRE)--Oct 6, 2025--

Ideon Technologies, the global leader in subsurface intelligence, announced a landmark enterprise partnership with Rio Tinto, one of the world’s largest and most progressive mining companies. The five-year enterprise agreement is a major commitment by Rio Tinto and Ideon to solving mining’s hardest problem – geological uncertainty (not knowing fully what lies in the Earth beneath our feet) – which makes it difficult to identify, develop, and recover critical minerals as quickly and efficiently as the world needs them.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251006539638/en/

Geological uncertainty impedes growth, slows investment, drives costs, and delays time to market. The less uncertainty mining companies have in the subsurface (and ultimately in the outcome of their mine plans), the quicker they can move, the more value they can unlock with their capital, and the more they can compound value over time.

Ideon will apply its proprietary REVEAL™ subsurface intelligence platform to support Rio Tinto’s strategic efforts to unlock value across a range of different use cases and commodities (including copper and iron ore), while advancing its vision for the mine of the future. These efforts will build on current investments in Remote Operations Centres (ROCs) and automation to drive operational performance, reduce costs, and uphold the highest safety standards.

The Ideon REVEAL™ Platform combines the power of cosmic-ray muons — subatomic particles created by supernova explosions in space — with advanced geophysical sensing technologies, multi-physics data integration, and AI-powered services. It generates high-resolution, high-velocity, 3D models of the Earth’s subsurface, enabling mining companies to identify, map, characterize, monitor, and extract ore bodies faster, more efficiently, with greater confidence. This results in faster targeting, shorter development timelines, reduced operational risk, and a smaller environmental footprint.

This partnership represents the first global-scale adoption of the Ideon REVEAL™ Platform by a Tier 1 mining company. The initial phase of the global rollout spans six of Rio Tinto’s largest operations across multiple continents, addressing a range of high-value operational challenges across the entire exploration and mining value chain.

Today’s announcement builds on several years of collaboration between the two companies, including a successful deployment at Bingham Canyon — one of the world’s largest copper mines. There, Ideon muon-based imaging technology enhanced geological models, reconciled production tonnage, and provided a robust decision-making tool for operational planning. The partnership underscores the growing appetite for deep-tech solutions that unlock value across traditional industries like mining, energy, and infrastructure.

“Global demand for critical minerals is surging, driven by the need for energy resilience, rapid expansion of AI infrastructure, and geopolitical imperatives around security of supply,” said Gary Agnew, Co-Founder & CEO of Ideon Technologies. “Yet the way we map and recover these resources hasn’t fundamentally changed in decades. The $12 trillion gap in critical mineral supply cannot be closed through incremental improvement. It requires the application of breakthrough technologies, bold leadership, and disciplined execution. Rio Tinto is demonstrating all three.

“Our partnership goes far beyond technology trials,” added Agnew, “it’s about unlocking the future of mining through real enterprise integration that improves productivity, reduces cost, and increases confidence. By embedding our platform directly into Rio Tinto operations, we’re helping to re-engineer workflows, enabling faster, high confidence exploration and mining decisions. This is how long-term value will be generated in critical mineral exploration and development — scalable, intelligent, and highly integrated.”

About Rio Tinto ( www.riotinto.com )

Rio Tinto is a global mining and materials company with operations in 35 countries, producing iron ore, copper, aluminium, critical minerals and other materials needed for the global energy transition and for people, communities, and nations to thrive. Rio Tinto has a dual-listed structure, with the businesses of Rio Tinto plc, quoted on the London Stock Exchange and Rio Tinto Limited, quoted on the Australian Stock Exchange, managed as one company with a single board of directors.

About Ideon Technologies ( www.ideon.ai )

Ideon Technologies uses the energy from supernova explosions to image deep beneath the Earth's surface. Ideon is the global leader in subsurface intelligence, pioneering the development and adoption of cosmic-ray muon tomography for industrial markets. By transforming geophysical data into reliable multi-dimensional models of the subsurface, Ideon helps geologists identify, map, characterize, and monitor geological features with confidence. This reduces risk and cost of traditional methods, while saving time, optimizing return, and minimizing environmental impact across the mining value chain. In turn, this is helping accelerate the world's transition to low-impact mining and transform how companies find the critical minerals required to power the global shift to clean energy – improving peoples’ lives and enhancing economic prosperity.

Ideon Technologies team activating the REVEAL(tm) subsurface intelligence platform at Rio Tinto Kennecott Utah Copper (Bingham Canyon).

Ideon Technologies team activating the REVEAL(tm) subsurface intelligence platform at Rio Tinto Kennecott Utah Copper (Bingham Canyon).

NAKHON RATCHASIMA, Thailand (AP) — A new construction accident on a road near Thailand's capital, Bangkok, was reported on Thursday, just 24 hours after a construction crane fell on a moving passenger train in the country's northeast, killing at least 32 people.

There was no immediate official confirmation of deaths in Thursday’s accident, but the Facebook page of Fire & Rescue Thailand, which covers the activities of volunteer firefighters and rescue workers, said at least one person was killed.

The accident occurred at the site of an elevated road construction project.

Meanwhile, the search for survivors from Wednesday’s train accident in Nakhon Ratchasima province has ended, said provincial governor Anuphong Suksomnit. Officials said three passengers listed as missing were presumed to have gotten off the train earlier, but that was still being investigated.

Officials believed there had been 171 people aboard the train’s three carriages, which were being removed from the scene on Thursday.

The latest accident on the outskirts of Bangkok saw a construction crane collapse on the Rama 2 Road elevated expressway in Samut Sakhon province at around 9 a.m., according to the government's Public Relations Department, which added that two vehicles were trapped in the wreckage, which included massive metal girders.

Rescue operations were underway, the statement added.

The construction project, an extension of the Rama 2 Road expressway — a major artery leading from Bangkok — has become notorious in recent years for construction accidents, some of them fatal.

At the train accident scene in Nakhon Ratchasima, work to remove the wreckage continued Thursday, after search and rescue operations concluded Wednesday night. The accident saw a falling crane derail and crush parts of the train under it.

The authorities said the crane that fell was a launching gantry crane, a mobile piece of equipment often used in building elevated roadways.

Narongsak Promta, the provincial police chief of Nakhon Ratchasima, told reporters at the site that police are working to verify the status of all passengers to determine the status of the three people listed as missing.

He said police are still collecting evidence and interviewing relevant parties and have not yet pressed charges against any party.

South Korea's Foreign Ministry reported that one South Korean national, a man in his late 30s, was among the dead. The ministry is providing consular services to the bereaved family.

The two-stage high-speed rail project on which the accident occurred has a total investment cost of more than 520 billion baht ($16.8 billion) and is associated with an ambitious plan to connect China with Southeast Asia under Beijing’s Belt and Road Initiative.

In August 2024, a railway tunnel on the planned route, also in Nakhon Ratchasima, collapsed, killing three workers.

Anan Phonimdaeng, acting governor of the State Railway of Thailand, said the project’s contractor is Italian-Thai Development, with a Chinese company responsible for design and construction supervision.

A statement posted on the website of the company, also known as Italthai, expressed condolences to the victims and said the company would take responsibility for paying compensation to the families of the dead and hospitalization expenses for the injured.

The rail accident sparked outrage because Italthai was also the co-lead contractor for the State Audit Building in Bangkok that collapsed during construction in March last year during a major earthquake.

About 100 people were killed in the collapse, which was the only major structure in Thailand to suffer such serious damage. Dozens of executives were indicted in connection with the disaster but none have yet been tried.

The involvement of Chinese companies in both projects has also drawn attention, as has Italthai and Chinese companies’ involvement in the construction of several expressway extensions in and around Bangkok where several accidents, some fatal, have occurred.

In Beijing, Chinese Foreign Ministry spokesperson Mao Ning said Wednesday the government was aware of the reports about the rail accident and had expressed condolences.

It was not immediately clear which companies were involved in Thursday's road construction accident.

Associated Press writers Wasamon Audjarint in Bangkok and Hyung-jin Kim in Seoul contributed to this report.

Forensic workers inspect the site of a train accident, a day after a construction crane fell into a passenger train in Nakhon Ratchasima province, Thailand, Thursday, Jan. 15, 2026. (AP Photo/Sakchai Lalit)

Forensic workers inspect the site of a train accident, a day after a construction crane fell into a passenger train in Nakhon Ratchasima province, Thailand, Thursday, Jan. 15, 2026. (AP Photo/Sakchai Lalit)

A cuddly toy lies on the ground at the site of a train accident, a day after a construction crane fell into a passenger train in Nakhon Ratchasima province, Thailand, Thursday, Jan. 15, 2026. (AP Photo/Sakchai Lalit)

A cuddly toy lies on the ground at the site of a train accident, a day after a construction crane fell into a passenger train in Nakhon Ratchasima province, Thailand, Thursday, Jan. 15, 2026. (AP Photo/Sakchai Lalit)

A construction crane that collapsed on the Rama 2 Road elevated expressway in Samut Sakhon province, Thailand on Thursday, Jan. 15, 2026. (AP Photo/Arnun Chonmahatrakool)

A construction crane that collapsed on the Rama 2 Road elevated expressway in Samut Sakhon province, Thailand on Thursday, Jan. 15, 2026. (AP Photo/Arnun Chonmahatrakool)

A construction crane that collapsed on the Rama 2 Road elevated expressway in Samut Sakhon province, Thailand on Thursday, Jan. 15, 2026. (AP Photo/Arnun Chonmahatrakool)

A construction crane that collapsed on the Rama 2 Road elevated expressway in Samut Sakhon province, Thailand on Thursday, Jan. 15, 2026. (AP Photo/Arnun Chonmahatrakool)

A construction crane that collapsed on the Rama 2 Road elevated expressway in Samut Sakhon province, Thailand on Thursday, Jan. 15, 2026. (AP Photo/Arnun Chonmahatrakool)

A construction crane that collapsed on the Rama 2 Road elevated expressway in Samut Sakhon province, Thailand on Thursday, Jan. 15, 2026. (AP Photo/Arnun Chonmahatrakool)

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