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Rio Tinto ADR Reptg One Ord Shs RIO

Alternate Symbol(s):  RTNTF | RTPPF

Rio Tinto plc is a United Kingdom-based mining and metals company. The Company operates in 35 countries where it produces iron ore, copper, aluminum, critical minerals and other materials needed for the global energy transition. Its segments include Iron Ore, Aluminum, Copper, and Minerals. Iron Ore segment is engaged in mining and salt and gypsum production in Western Australia. Aluminum segment is engaged in bauxite mining, alumina refining, and aluminum smelting. Copper segment is engaged in mining and refining of copper, gold, silver, molybdenum, other by-products and exploration activities which is the responsibility of the Copper product Company chief executive. Minerals segment includes businesses with products such as borates, titanium dioxide feedstock together with the iron ore company of Canada (iron ore mining and iron concentrate/pellet production). It also includes diamond mining, sorting and marketing and development projects for battery minerals, such as lithium.


NYSE:RIO - Post by User

Post by KnaveofDiamondson Aug 04, 2021 4:32pm
234 Views
Post# 33649784

Star Diamond Corporation

Star Diamond CorporationJust want to let everyone on this board know that I am a concerned shareholder. Rio Tinto is not a good partner or a stand up companyin my opinion. Your reputation is mud at the moment and this will eventually affect your share price and growth. Not sure what company would be crazy enough to partner with you people. The bait and switch approach contracts you make with junior mining companies are a complete joke.  The people you have on the ground are incompetent. Star Diamond corporation had a four phase program set up to earn 60 % of a Diamond play in central Saskatchewan which houses one of the largest Diamond bearing kimberlite fields on planet earth. Each phase at 18.5 million per phase. They overran their budget in phase one from 18.5 million to 106 million dollars and claim they have 60% without completing all four phases. My question is this, who in management of this company is allowing budget overruns of 6 fold. How embarrassing. I would fire every last one of these buffoons in a heartbeat. Absolutely ridiculous conduct. Get a grip Rio Tinto. The world is watching you. 
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