Agreements reached under this partnership
Business partnership under a joint development agreement- 1
Detailed design of the pilot plant
- 2
Manufacturing
- 3
Installation
- 4
Commissioning
- 5
Demonstration testing
- 6
Evaluate optimal operating conditions through the test
- 7
Based on the results, aim to scale up toward commercialization
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
Aim to scale up to commercial scale. Timing of achievement: Not disclosed.
The impact of the contract value and other items on revenue for the fiscal years ending June 2027 and June 2028 is expected to exceed 10% of revenue for the fiscal year ending June 2026. The impact on revenue for the fiscal year ending June 2027 has already been incorporated into the earnings forecast for that fiscal year.
| Item | Details |
|---|---|
| Name of alliance partner | Rio Tinto Aluminium Limited |
| Alliance partner's business activities | Holding and management of Rio Tinto Group's aluminium-related assets, including bauxite mines and alumina refineries |
| Alliance partner's location | Brisbane, Australia (Queensland) |
| Alliance partner's capital | A$202,000 |
| Type of alliance | Business partnership under a joint development agreement |
| Details of the alliance | Detailed design of the pilot plant, Manufacturing, Installation, Commissioning, Demonstration testing, Evaluate optimal operating conditions through the test, Based on the results, aim to scale up toward commercialization |
| Numerical targets under the alliance | Aim to scale up to commercial scale. Timing of achievement: Not disclosed. |
| Date of board resolution | 12 November 2026 |
| Contract Date | 12 November 2026 |
| Alliance start date | 12 November 2026 |
| Impact on Business Performance | The impact of the contract value and other items on revenue for the fiscal years ending June 2027 and June 2028 is expected to exceed 10% of revenue for the fiscal year ending June 2026. The impact on revenue for the fiscal year ending June 2027 has already been incorporated into the earnings forecast for that fiscal year. |
Items this document does not state (12)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To examine the potential of microwave technology for improving energy efficiency and reducing emissions in alumina refining, and to move to the pilot scale based on the results of approximately two years of joint evaluation.