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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. It operates in 35 countries and its portfolio includes iron ore, copper, aluminum and a range of other minerals and materials. Its segments include Iron Ore, Aluminum, Copper, and Minerals. Iron Ore segment includes iron ore mining and salt and gypsum production in Western Australia. Its iron ore operations in the Pilbara comprise an integrated network of over 17 iron ore mines and four independent port terminals. Aluminum segment includes bauxite mining, alumina refining, and aluminum smelting and recycling. Copper segment includes mining and refining of copper, gold, silver, molybdenum, other by-products and licensing of extraction technologies. Minerals segment includes mining and processing of borates, titanium dioxide feedstock and iron concentrate and pellets from the iron ore company of Canada. It also includes diamond mining, sorting and marketing and development projects for battery materials, such as lithium.


NYSE:RIO - Post by User

Post by KnaveofDiamondson Aug 04, 2021 4:32pm
301 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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