Rio Tinto kicks off Rhodes Ridge early works Rio Tinto has started early works at Rhodes Ridge in Western Australia’s Pilbara, a project often described as the region’s “last crown jewel”. What Rio is doing now The first phase includes a US$191 million feasibility study (reported as about A$294 million) to progress plans for a major new iron ore operation. The target Rio is aiming for the project to be producing around 40–50 million tonnes a year by 2030, subject to approvals. The scale Rhodes Ridge is estimated to hold about 6.8 billion tonnes of high-grade iron ore, making it one of the largest undeveloped iron ore deposits on the planet. Why it matters If it gets the green lights, Rhodes Ridge could help support Pilbara exports for decades, using Rio’s existing regional infrastructure as development ramps up.| ASX Mining News & Discussion
Lykeshares Official
Rio Tinto kicks off Rhodes Ridge early works

Rio Tinto has started early works at Rhodes Ridge in Western Australia’s Pilbara, a project often described as the region’s “last crown jewel”.

What Rio is doing now

The first phase includes a US$191 million feasibility study (reported as about A$294 million) to progress plans ...
Rio Tinto kicks off Rhodes Ridge early works

Rio Tinto has started early works at Rhodes Ridge in Western Australia’s Pilbara, a project often described as the region’s “last crown jewel”.

What Rio is doing now

The first phase includes a US$191 million feasibility study (reported as about A$294 million) to progress plans for a major new iron ore operation.

The target

Rio is aiming for the project to be producing around 40–50 million tonnes a year by 2030, subject to approvals.

The scale

Rhodes Ridge is estimated to hold about 6.8 billion tonnes of high-grade iron ore, making it one of the largest undeveloped iron ore deposits on the planet.

Why it matters

If it gets the green lights, Rhodes Ridge could help support Pilbara exports for decades, using Rio’s existing regional infrastructure as development ramps up.

Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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.
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
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
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?
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...
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?