PLS 5.69% $3.16 pilbara minerals limited

Day to day discussions on S/P, page-10821

  1. 333 Posts.
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    PLS makes a lot of sense for RIO.
    Just like WES, RIO have sold all of their coal assets and are clearly pivoting their portfolio towards new energy materials, such as copper. Some of this is economics, and some is in response to shareholder pressure (institutions and activists) who want to see miners act more responsibly in respect of greenhouse gas emissions. RIO have talked a lot about lithium, but most industry commentators agree that Jadar is at least many years away, if not a dud.
    Pilbara is also in RIO's backyard - Pilgangoora would be a better fit for RIO than Mt Holland. Forget the DRC.
    The availability of advanced stage, large scale, long life, Tier 1 lithium assets is now down to one - PLS.
    Is it time for RIO to walk the talk?
    All IMO.
 
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