RIO rio tinto limited

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$107.15

Ann: Rio Tinto and Codelco agree to lithium partnership, page-13

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28/05/25

16:29

Post #: 79223400
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Originally posted by dazthemiller: ↑

You need to do more research. What's the weight of these batteries. There is no better component than Lithium and so called new technology batteries are still using Li. 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. Do you not think they looked in to Sodium? Wake up man

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Originally posted by LukeinSA: ↑

"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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lol

CATL has market cap of $161 billion USD .... Way more than RIO TINTO ...and this is what CATL says

RIO Price at posting: $114.17 Sentiment: None Disclosure: Not Held
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Last $107.15		Change 0.000(0.00%)		Mkt cap ! $39.77B

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Ann: Rio Tinto and Codelco agree to lithium partnership, page-13

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Ann: Rio Tinto and Codelco agree to lithium partnership, page-13

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