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Rio Tinto PLC ADR (RIO) Secures Land and Financing for Vital Projects

Rio Tinto PLC ADR (NYSE:RIO) is among the best potash stocks to invest in right now. On March 26, SAGA Metals acquired the Garneau titanium property in Quebec from Rio Tinto PLC ADR (NYSE:RIO)’s Canadian unit. The site covers 120 claims across 64.5 sq. km in the Havre‑Saint‑Pierre complex, near Rio Tinto’s Lac Tio mine.

CEO Michael Garagan called the deal a strategic step, noting Garneau’s strong geophysical signature and similarities to Lac Tio, one of the world’s highest‑grade titanium operations. Lac Tio has been producing ore rich in hemo‑ilmenite for over 70 years, with titanium as the main product and iron and rare earths as byproducts.

Earlier on March 16, Rio Tinto announced that it had gained control of 2,400 acres of land in Arizona for a copper production project. It had been pursuing this land for many years, and finally got it for its Resolution Copper mine project after the courts ruled in its favor. The company plans an initial $500 million investment in the project.

This comes as the company is also developing the Albany potash project in Saskatchewan, Canada. The project is called CanPacific Potash, and it’s a joint venture of Rio Tinto and North Atlantic Potash.

Rio Tinto is exploring the solution mining technique for the CanPacific Potash project. This is a low-cost method compared to the traditional deep-shaft mining. Besides potash, Rio Tinto is known for its copper, aluminum, iron ore, and lithium operations.

In another update, Rio Tinto announced on March 11 that it had secured $1.2 billion in financing for its Rincon lithium project in Argentina. The project is targeting around 60,000 tons of annual battery-grade lithium carbonate production.

Rio Tinto PLC ADR (NYSE:RIO) is a leading global mining group engaged in mining and processing a variety of mineral resources. Its major segments are iron ore, aluminum, and copper. The company also produces gold, silver, and lithium. While headquartered in London, England, Rio Tinto has a large presence in Australia.

While we acknowledge the risk and potential of RIO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than RIO and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Robinhood Stocks with High Potential and 10 Popular Penny Stocks on Robinhood to Buy.

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

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