Rio Tinto’s Strategic Moves: The Key to Profitable Commodity Production
The 2023 production guidance, announced in mid-January alongside Rio Tinto’s fourth-quarter output figures, shows the increased output for iron ore, copper, and alumina/bauxite. And the business is moving rapidly to construct a lithium test plant at the Rincon mine in Argentina, which it purchased last year – a critical step for Rio Tinto’s future. I…
Hydrogen Fuel Sparks an $11 Trillion Industry
The best investments like in the case of hydrogen power, with the potential to make you a billionaire, are frequently found in places where most people aren’t looking. Follow that reasoning, and you’ll discover that hydrogen power is the next generation of millionaire-making stocks. It’s not lost on me that hydrogen has been promoted as…
Aluminum Looks Headed for More Turbulence
Aluminum demand has skyrocketed this year, with prices reaching an all-time high in March. The post-pandemic consumption boom saw strong demand for electric vehicles, refrigerators, and renewable-energy equipment, all of which contain silver-gray metal. Futures dealers are scrambling to limit price risk in the face of such demand and price volatility. Demand is so strong…
