ABR american pacific borates limited

Rio Tinto Report

  1. 106 Posts.
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    Hi All,

    Rio Tinto announced Friday that it has materially cut its boron reserves. Nearly a 30% DECREASE in its overall reserves.  That’s a big chunk of future global supply and consumers may get the jitters about where their supply is coming from.  This type of news could support the break out we are looking for.

    Report Link: https://www.asx.com.au/asxpdf/20180302/pdf/43s3h337p6gb7n.pdf

    I believe that ABR has the largest contained boric acid Resource of any developer globally.  
    ABR’s Resource is 120.4m tonnes at 11.6% boric acid equivalent.

    Let's hope we see some upward movement

    GLTA
 
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