NEWS & UPDATES

Documentary Release: A Closer Look at RIINO’s Electric Rail System

We’re proud to share the official release of a new documentary short, produced in collaboration with CBS and Acumen, spotlighting behind the scenes of RIINO’s fully electric rail system and the future of decarbonized material haulage in mining.

Titled “Haulage Rail | A New Era”, this piece captures the system’s intended impact on underground and surface operations, and highlights our efforts to support efficiency, electrification, and operational optimization across the sector.

Produced with support from:

CBS News and Acumen, who led the filming, direction, and narrative development
Dynamic Structures, a key engineering collaborator throughout our system development
Capstone Copper, a consortium member helping to shape the path forward on mine electrification
Magna Mining, who generously provided access to the Levack Mine for filming purposes

We’re grateful to everyone who took part in this production and contributed their time, knowledge, and support.

We recognize that this is just one step in a much larger journey toward electric haulage integration but it’s a meaningful one. It’s an opportunity to open the door for conversation, transparency, and industry collaboration as we continue advancing toward field deployment.

Watch the full documentary below.

For questions, press inquiries, please contact [email protected]

For partnership discussions [email protected]

CORPORATE STATEMENT

RIINO Secures $2M from NOHFC to Advance Development of Electric Rail Haulage System

Sudbury, Ontario – January 16, 2025 – RIINO Inc. (“RIINO” or the “Company”) is pleased to announce that it has been awarded $2M in funding from the Northern Ontario Heritage Fund Corporation (NOHFC). This significant support will accelerate the development and testing of RIINO’s electric rail haulage system, paving the way for its commercialization in both open-pit and underground mining operations.

“The support from the NOHFC significantly strengthens RIINO’s ability to advance the development of our electric rail haulage system, addressing critical needs in mining efficiency and emissions reduction,” said Aaron Lambert, CEO of RIINO. “This grant enables us to expedite essential R&D and testing phases, laying a solid foundation for the commercialization of our rail system and contributing to a decarbonized mining future.”

RIINO’s electric rail haulage system is designed to replace conventional haulage methods, providing a fully electric alternative that reduces environmental impact while enhancing cost efficiency for mining operators. By focusing on improving operational efficiency and supporting decarbonization, the system aligns with the mining industry’s environmental, social, and governance (ESG) priorities.

With our strong partnerships with leading mining companies and dedication to advancing 100% electric rail-based haulage systems, RIINO is at the forefront of developing decarbonized material haulage solutions for the mining industry.

NEWS & UPDATES

Documentary Release: A Closer Look at RIINO’s Electric Rail System

RIINO Communications

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LAND ACKNOWLEDGEMENT

We acknowledge that RIINO Inc. operates on the traditional and ancestral territories of a diverse community of Indigenous People across the globe. We acknowledge the history of these lands and are grateful to be able to work within them.