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Rio greenlights $1.1b Pilbara mine expansion Rio Tinto has approved a $1.1 billion expansion at its West Angelas hub in the Pilbara, Western Australia, alongside Japanese partners Mitsui and Nippon Steel. Where it is West Angelas is a major iron ore operation in the Pilbara and has been mining since 2002. What the expansion does The plan is to develop new iron ore deposits within the Robe River joint venture, supported by state and federal approvals. Why it matters Rio says the project helps maintain production around 35 million tonnes a year, keeping Pilbara exports moving, more trains, more shiploads, and the same long-running “Pilbara workhorse” operating for longer.| ASX Mining News & Discussion
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Lykeshares Official
Rio greenlights $1.1b Pilbara mine expansion

Rio Tinto has approved a $1.1 billion expansion at its West Angelas hub in the Pilbara, Western Australia, alongside Japanese partners Mitsui and Nippon Steel.

Where it is

West Angelas is a major iron ore operation in the Pilbara and has been mining since 2002.

What the expansion ...
Rio greenlights $1.1b Pilbara mine expansion Rio Tinto has approved a $1.1 billion expansion at its West Angelas hub in the Pilbara, Western Australia, alongside Japanese partners Mitsui and Nippon Steel. Where it is West Angelas is a major iron ore operation in the Pilbara and has been mining since 2002. What the expansion does The plan is to develop new iron ore deposits within the Robe River joint venture, supported by state and federal approvals. Why it matters Rio says the project helps maintain production around 35 million tonnes a year, keeping Pilbara exports moving, more trains, more shiploads, and the same long-running “Pilbara workhorse” operating for longer.

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?