one of those five is of course Mitsui. Whats clear at present is a significant downside in iron ore. Min, Fortescue and the funny aus gov play in Whyalla with a few billion. What may have flown under the radar was " Mitsui & Co. has agreed to acquire a 40% stake in the Rhodes Ridge iron ore project in Western Australia, operated by Rio Tinto, for $5.34 billion. This marks Mitsui's largest-ever investment and strengthens its long-term earnings base. The Rhodes Ridge deposit, containing 6.8 billion metric tons of mineral resources, is one of the world's largest undeveloped iron ore deposits.
Counter cyclical investment? Id assume very good timing myself for Mitsui.
Graphite is firmly in our playbook.
The negative sentiment to green hydrogen after hyped up clap trap by Andrew Forrest and others is understandable. The fact that billions of tonnes of hydrogen is currently used isn't lost on more astute investors perhaps
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36.0¢ |
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Mkt cap ! $82.99M | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
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| Last trade - 16.17pm 13/06/2025 (20 minute delay) ? |
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