Ann: Trading Halt-GXY.AX, page-432

Rio / BHP / FMG have all spoken about looking at Lithium plays. It makes a lot of sense for them as they are geared up for hard rock mining, so they can go after pegmatite in the Pilbara. PLS would be on the menu etc. (already in the Pilbara where all the equipment / people / infrastructure lies).

In reality while there are a billions to be made, iron ore miners make many billions regardless, so something like that would be akin to a copper/gold operation in their portfolio, just another arrow in their quiver. They just need to weather the next 4-5 years or so.