Dryblower on Rio's lithium smokescreen which covers the no-growth problem

“Make smoke” is one of the oldest tactics in military handbooks with the objective being to mask the direction in which a ship (or a tank) is heading and while Rio Tinto is neither Dryblower reckons he saw a lot of smoke coming out of the company last week.

Dryblower on Rio's lithium smokescreen which covers the no-growth problem Dryblower on Rio's lithium smokescreen which covers the no-growth problem Dryblower on Rio's lithium smokescreen which covers the no-growth problem Dryblower on Rio's lithium smokescreen which covers the no-growth problem Dryblower on Rio's lithium smokescreen which covers the no-growth problem

At the heart of Rio's smoke machine was a breathless report from management that it had achieved a "eureka event" with the discovery that stockpiles of waste rock at its Boron mine in California