Rio Tinto Share Discussion Threads

[yump] 28/11/2022 08:20

Ultimately surely Hydrogen is the way to go ?

[p0pper] 28/11/2022 08:02

Not being a motor engineer, I can't understand why they can't just put in or on the car somewhere something like an alternator?? There must be more than enough moving parts for one / some.

[spud] 27/11/2022 22:17

Taking delivery of my Model 3 on 28th. Should be interesting. spud

[eggbaconandbubble] 27/11/2022 20:12

Thanks tufty, Here's my take on electric cars - EV's. and the demand for lithium and copper.

At the present EV's have to lug around a huge great heavy battery full of lithium. Not only si this a drag on performance but the vehicle has the inconvenience of having to frequently stop for lengthy recharging.

The way forward is obviously to have EV's charge up on the go/run by picking up charge from, for example underneath the road. A bit like Scalextrix (do they still make them?) but there is no need for metal to metal contact as per the toy but charge can be made picked by (I don't know the exact terminology) the same tech as a mobile phone on a pad or your electric toothbrush. Ergo electric pads underneath the road surface. But these don't have to be continuous along the road as per the toys, but a small battery on board can be used between sections of road where there is no charging.

There may be another way to achieve this but ultimately such a system of charging on the go is a better system than as present because the battery would be much smaller - smaller payload, and doing away with lengthy charging stops. BUT also the world's lithium resources are limited meaning there ain't enough to make all the batteries required for all the current vehicles in the world.

However the need for copper (of which I understand there is still a lot in the ground still not mined) will continue to be a huge and getting bigger and bigger for many years to come as all the EV's will need copper for the motors and wiring to supply the means of charging 'on the go' however the technology is achieved.

[tuftymatt] 27/11/2022 19:26

Not a major read but a positive write up never hurt anyone.

[donald t] 26/11/2022 22:40

Why is no one talking about liability driven investments? Pensions funds are using leverage and nearly blew up last month.

[marktime1231] 23/11/2022 15:36

Having already pioneered low-carbon aluminium with its Elysis process in Canada using hydropower, it is pleasing to read that Rio is also working on low-carbon steel making.



A combination of biomass, eg wood and agri waste, and microwave technology, power source tbd. Where will the next huge source of clean energy be available? Well the iron ore is already coming from Pilbara. Somewhere pioneering a hydrogen energy hub, a massive offshore wind energy hub, or where else in the world is there abundant hydropower or nuclear energy and biomass waste?

If this solves a chunk of China-India-Russia-Japan-Korea-Germany-Turkey's consumption of coal we might save the planet yet.

[spud] 18/11/2022 07:46

Now becomes an aggressive t/o.spud

[livewireplus] 18/11/2022 07:41

Rio Tinto has ended its talks with dissenting minority shareholders of takeover target Turquoise Hill Resources.https://www.thetimes.co.uk/article/rio-tinto-ends-talks-with-rebels-at-miner-target-rg35pb0wj

[eggbaconandbubble] 18/11/2022 07:20

RNS Turquoise Hill. Can someone, anyone, sum that statement up in a nutshell?

Please!

[marktime1231] 16/11/2022 15:49

Can understand that, was/am waiting for 57.

[montyhedge] 16/11/2022 12:08

No one went hungry taking a profit, I have done the same on Glencore.

[tuftymatt] 16/11/2022 08:03

Let a few go in the 5490's today just to lock in some profit and rebalance a touch.

[spud] 14/11/2022 08:47

Australia's Top Miners Hit Five-Month High on China Demand HopesSource: Dow Jones NewsBy Rhiannon Hoyle Shares in some of Australia's biggest mining stocks jumped Monday, buoyed by hopes for improving commodity demand after China signaled a loosening of pandemic restrictions and a reversal in its property-sector crackdown.Shares in BHP Group Ltd., the world's No. 1 miner by market value and a major producer of steelmaking commodities iron ore and metallurgical coal, were recently 5.0% higher at 44.20 Australian dollars (US$29.65) a share.Rival Rio Tinto Ltd., the world's top iron-ore producer and No. 2 miner overall by market value, was 4.3% higher at A$107.03 a share.Both stocks are at their highest price since June. Other miners including Fortescue Metals Group Ltd. and South32 Ltd. also rallied.China's central bank and top banking regulator issued a wide-ranging series of measures aimed at bolstering housing demand and supply, according to a notice circulated Friday to the country's financial institutions and officials involved in policy-making.China's property sector accounts for roughly 30% of China's steel demand and 20%-30% of China's aluminum, zinc and copper consumption, according to Commonwealth Bank of Australia analyst Vivek Dhar.Still, the outlook for commodity demand is opaque after a deep slump in the country's real-estate market in recent times, he said in a client note Monday."With homebuyer and creditor confidence so eroded, it's hard to gauge how quickly China's property sector can recover, even if China's Covid-zero policy has been relaxed," Mr. Dhar said. "We'd likely need to see a more meaningful relaxation of China's Covid-zero policy and a greater tolerance to live with Covid-19 than to eliminate it."spud

[eggbaconandbubble] 12/11/2022 10:00

However, what????

[marktime1231] 11/11/2022 16:26

Did I see a press report yesterday that Rio has suspended the Turquoise deal because a significant number of shareholders still feel they are missing out? Nothing official. Meanwhile back to £54 because the global economy and Rio are hooked on China.

[tuftymatt] 11/11/2022 08:08

Flying start!!

[yump] 09/11/2022 14:51

Thought this might go back to 5000 temporarily but seems quite perky

[eggbaconandbubble] 05/11/2022 10:42

www.independent.co.uk/asia/china/china-covid-stock-market-wechat-screenshot-b2216624.html?amp

If the markets move that much on rumour.......!!!

[eggbaconandbubble] 04/11/2022 16:13

All the miners were going absolutely Radio Rental till the Dow decided to take a dive!

Still there's always tomorrow, I mean Monday. Let's hope the Chinese decide to build lots of cars and houses. Or weapons!!!

[ammons] 04/11/2022 15:02

Holy moly!!

Thats me out for a quick 10%.

Will look again when they fall back.

[craftyale] 04/11/2022 14:41

AAL up more than 10 percent. Id like to see RIO close with this also. Problem is big daily gains sometimes see a reversion back to the mean. Smallish problem to have perhaps, anyone else trade on big gain days. Good weekend all.