Rio Tinto Eyes EV Future
1. RIO has increased 5% YTD, surpassing S&P 500's 3% growth. 2. A $2.5 billion investment aims for 60,000 tonnes lithium capacity by 2031. 3. Completed a $6.7 billion acquisition, now third-largest lithium miner. 4. Lithium projects face risks from weakening prices and oversupply from China. 5. Historical volatility in RIO returns may affect future performance outlook.