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Rio Tinto ups stake in Sovereign Metals with $18.5M investment

Sovereign Metals announced that Rio Tint has exercised all its share options, increasing its shareholding in Sovereign to 19.76 per cent.
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How growth capital is helping an Australian manufacturer go global

There’s a particular kind of ingenuity that flourishes in regional Australia. Away from the noise of major business centres, founders build companies that quietly become world leaders in their field, solving deep specialised problems that global markets didn’t know could be solved. Modra Technology, based in Warragul in regional Victoria, is one of those companies.