Rio Tinto (RIO.US) will purchase carbon emissions credits from a new platform in Australia.

According to the Wisdom Financial APP, Rio Tinto has signed a contract to become the future buyer of carbon credit quotas supplied by a new platform in Australia. As stated in a statement released on Monday, the Melbourne-based mining giant will be the main buyer on the Meldora platform. The facility's launch has received a 200 million Australian dollar (approximately 131 million US dollars) investment from the Canadian pension fund La Caisse, as well as a 50 million Australian dollar investment from the Australian government's Clean Energy Finance Corp.