RIO rio tinto limited

Ann: Rio Tinto and Codelco agree to lithium partnership, page-11

  1. 282 Posts.
    lightbulb Created with Sketch. 95
    "Do you think that you know better than a multi billion dollar global company with a research team dedicated to future investments working around the clock"

    So many times... These mega dollar research teams get it so wrong.

    BHP: Written off billions of dollars' worth of nickel assets.
    BHP: $50 billion shale oil blunder.
    RIO: Chief executive Tom Albanese dumped after $13 billion write-down related to the disastrous acquisition of Alcan.
    WOW: $2 billion in write-downs to close the failed Masters hardware business.

    Coming to a news headline soon: Rio to write off billions of dollars' worth of lithium assets.



 
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