Plans are for the Centre for Future Materials to find ways to change the way materials are produced, used and recycled, and make them more environmentally, economically and socially sustainable.
Rio Tinto and Imperial will define a set of major global challenges that need to be addressed, the company said.
The center will be established in the second half of 2023, with the first research programs funded in 2024.
“For the world to reach net zero, we must find better ways to provide the materials it needs,” said Rio Tinto chief executive Jakob Stausholm. “No single player can do this alone, and research and development plays a vital role.”
