RIO TINTO SELECTS FENDAHL FUSION CTRM SOFTWARE

Singapore, June 2022

Fendahl has entered into a five-year agreement with Rio Tinto to supply the mining and metals company with the Fusion CTRM platform. Rio Tinto’s integrated trading team will utilise the platform to enhance capability essential to its global commodity trading and risk management activities. Contract award was following a competitive testing process in which Fendahl were selected on the basis of the platform being the most suitable to meet Rio Tinto’s integrated trading ambition, and confidence in Fendahl as a partner to deploy and operate the software.

About Rio Tinto

Rio Tinto is a mining and metals company operating in 35 countries around the world. Rio Tinto consists of four product groups: Aluminium, Copper, Minerals and Iron Ore which are complemented by Development & Technology and Commercial groups, as well as service and support functions.

About Fendahl

Fendahl Technology is a global CTRM software company with a dedicated team of over 200 staff with offices in the Americas, Asia, and EMEA, serving a rapidly growing global client base across multiple commodity segments.