NEWS RELEASE: Indium Corporation and Rio Tinto Announce Groundbreaking Milestone in Gallium Extraction Partnership

Core Insights - Indium Corporation and Rio Tinto have successfully extracted gallium from feed sourced at Rio Tinto's Vaudreuil alumina refinery, marking a significant milestone in their partnership aimed at enhancing the global supply chain for gallium [1][4] - The collaboration aims to create a reliable and sustainable supply of gallium, which is critical for various advanced technologies, including semiconductors and electric vehicles [2][6] Company and Industry Overview - Indium Corporation specializes in materials refining and manufacturing, providing products for the electronics and semiconductor markets, including gallium and other critical materials [8] - Rio Tinto is a global leader in aluminum production, with a history of over 110 years, operating large-scale bauxite mines and alumina refineries, and focusing on low-carbon aluminum production [7] Project Development and Goals - The gallium extraction process was developed at Indium Corporation's research facility in Rome, NY, showcasing the company's metallurgical expertise [3] - The project plans to scale up to a 3.5-ton demonstration plant in Saguenay, Quebec, with a long-term goal of achieving commercial-scale capacity of 40 tons annually, potentially addressing 5-10% of global gallium supply [5]