Bob LeFridge :tinoflag:<p>How is Rio Tinto getting on? Shares in the London based conglomerate seem to be tracking upwards and they put out a press release last month titled "Strong operating performance underpins financial results".</p><p>They're doing O'K.</p><p>So why in God's name has Luxon's govt decided to reintroduce subsidies to a company which turned over $23.3 billion last year?</p><p>NZ taxpayers are gifting $37m per year to Rio fucking Tinto. Why? Just why?</p><p>via NRT: <a href="https://norightturn.blogspot.com/2025/03/climate-change-more-subsidies-for-tiwai.html" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">norightturn.blogspot.com/2025/</span><span class="invisible">03/climate-change-more-subsidies-for-tiwai.html</span></a> </p><p><a href="https://mastodon.nz/tags/RioTinto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RioTinto</span></a> <a href="https://mastodon.nz/tags/NZ" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NZ</span></a> <a href="https://mastodon.nz/tags/Tiwai" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Tiwai</span></a></p>