Palantir Technologies on Thursday said it has signed a “significant” multiyear agreement to license its Foundry analytics platform to mining giant Rio Tinto. Palantir (ticker: PLTR) said Rio Tinto (RIO) will “integrate raw data from a multitude of disparate sources into a representation of critical mining operations.” Rio Tinto said in a statement that the agreement “is an important step in our digital transformation; enabling fast-paced, forward-looking decision making across our operations leading to improved results in safety, cost and production.”

Read more about Palantir’s license deal with mining giant Rio Tinto on Barron’s.

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