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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 DeepValue81on Jul 07, 2022 12:52am
511 Views
Post# 34807379

Scandium Oxide…how big will the market be?

Scandium Oxide…how big will the market be?Rio Tinto becoming first producer of scandium oxide in North America.  Wondering how big the market can be?  I'm invested in Imperial Mining Group which just completed a mind blowing PEA for its scandium resource at Crater Lake with a 15.2 billion gross metal revenue over the life of the project, and a project NPV of 2.97 billion.  The marketcap is currently at 11.74 million.  I have a feeling that Scandium's domestic supply chain that Rio Tinto is working on will be a boost to the direction governments are going in investments. Do you think getting in on early in the scandium plays especially in this weak market is going to eventually see crazy returns?  I always look for deep value... buy when everyone is selling cheap.  
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