Tough and resilient, much like its namesake, the RIINO cargo hauler will be ready to charge into the mining industry in 2026, according to its inventor.
Aaron Lambert, the company’s Sudbury-based founder and CEO, came up with the concept for the all-electric, zero-emission monorail about a dozen years ago while working as a mine contractor.
With the demand for minerals rising, and mine development challenges increasing in complexity, Lambert intuited the industry’s need for a haul system that reduces construction and operational costs, while boosting efficiency and cutting down on greenhouse gas emissions.
“This is something that the mining industry is not only interested in, but it’s something that they do need to be able to continue developing mines,” he said.
Lambert said he’s now been working on the monorail in earnest for about 18 months, consulting the industry on its needs and building an executive team.
This past June, RIINO Inc. received $780,000 in development money through the Mining Innovation Commercialization Accelerator (MICA) network, a Sudbury-based research and innovation coalition aimed at speeding up the time it takes for companies to get their mining technologies to market.
[More]
