OZ Minerals, Boliden and Rio Tinto will collaborate to unlock new and innovative technologies for managing tailings, helping the mining industry to further reduce risk while extracting the materials the world needs for the energy transition from what was previously regarded as ‘waste’. Under the umbrella of the Think & Act Differently incubator initiative, OZ Minerals, Boliden and Rio Tinto will fund and support innovators who are working to reimagine mining and processing to eliminate, minimise, reuse or find value in mine tailings. The three companies will also collaborate on other selected innovations to pursue improved productivity while delivering benefits such as lower emissions and reduced waste. The collaboration will support innovators by providing materials, funding, technical guidance and the potential for field trials at mine operations. Innovators will retain ownership of their intellectual property rights, with a licence to use those rights granted to the companies that support them. The mining and processing industry has many long-term tailings projects across the world. Tailings are residues created from mining, refining, smelting and water treatment processes.