Rio Tinto looking at 'gaining' further lithium and copper assets if 'opportunity is there'

[@williamcrossan9333]

That's weird. He said the price of Lithium was high, so more mines were developed, which led to supply, and the price dropped. But why doesn't the Aussie housing market do this? It just keeps going up and up and up and up and up. It doesn't matter how high the price goes, supply just isn't forthcoming.

[@dr94279]

Because commodity markets are more free compared to Australia property market Ponzi scheme

[@dixonpinfold2582]

@@dr94279 Ok, Chanfun/Vitaly/Farzad/Hyun-woo. Thanks for the economics lesson.

[@bookertee3057]

I'm heading back to Coober Pedy.

[@villafilms5909]

If you don’t put your money in this your a fool

[@twominutesturkish6664]

Jadar mine in Serbia is a huge lithium mine that will provide Europe with 90% of its lithium needs Rio Tinto all over it

[@dixonpinfold2582]

How about picking up the rest of Western Copper & Gold that you don't already own? Gobble it up for $2bn and get cracking. The Yukon and Canadian governments kicked in a lot of money to build a nice road up to your area, expressly to get mines going. Lovely jurisdiction.

[@puddytat8390]

Just please don't touch Serbia, it's a beautiful location and if anything goes wrong which is highley likeley with and mining, it would be a shame and very grivous to destroy that land, it's waters and the risk to people's health. Go to the deserts where there are no gorgeous trees and beautiful well preserved nature.

[@darkozmija6849]

Why you are not mining in Germany or other countries somewhere in US or UK France

[@dankass2720]

Maybe because those countries don’t have high deposits of these metals ? 😂

[@Tony-ne7hd]

We reach the bottom in 2027

[@GovernmentOfAmerica]

*if

[@drewboots]

I wish Rio Tinto would buy pure play Arcadium Lithium, which has lithium expertise and complementary assets in Argentina and Australia.

[@santoshrathod123]

Wow good call, this is exactly what happend lol

[@drewboots]

@@santoshrathod123 Yes, my crystal ball was dialed in that day. I only wish I could be this accurate on stocks most of the time.

[@ganioumousa1325]

not to West in Africa will don want to you in Africa

[@Angelum_Band]

The thieves of the world at work! 😡😡😡

[@citizeneveryman6798]

It looks terrible.

[@jameshansen6841]

Hack..kaff..kaff