Rio Tinto posts steady Q3 output and raises 2025 bauxite guidance, as lithium expansion and earnings revisions boost long-term optimism.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Rio Tinto , said on Tuesday it is contemplating ceasing operations at its New South Wales-based Tomago aluminium smelter at the end of its current electricity supply contract.
Analysts at Citi have gamed out a potential asset swap between Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) and its major shareholder Chinalco, claiming such a deal could be "a positive turning point" for the miner's investment case. Rio is exploring ways to exchange the Chinese state-owned group's $12.5 billion holding, Citi said, citing a report by Reuters, with the American bank's London-based analysts arguing that an arrangement for Chinalco's 11% shareholding in Rio may ease longstanding structural and geopolitical frictions.
Rio Tinto (RIO) is positioned as a solid buy, leveraging major investments in copper, aluminum, and lithium for future growth. RIO's growth projects—Simandou (iron ore), Oyu Tolgoi (copper), AP60 (aluminum), and Arcadium (lithium)—are expected to drive earnings and capital appreciation. The stock offers a compelling over 5% dividend yield, with a manageable debt profile and strong capital allocation supporting shareholder returns.
RIO posts higher Q3 iron ore, Bauxite and copper output, raising its full-year guidance for key commodities despite shipment declines.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Investors looking for stocks in the Mining - Miscellaneous sector might want to consider either Rio Tinto (RIO) or Anglo American (NGLOY). But which of these two stocks offers value investors a better bang for their buck right now?
RIO is uniquely positioned to benefit from surging demand for copper and bauxite if aluminum-ion battery technology is commercialized, especially by Tesla. The stock is undervalued, offers a 6.7% dividend yield, and management is committed to a 60% payout ratio, supporting strong total returns. Even if the new battery technology fails, RIO's diversified mining operations and exposure to copper and lithium ensure continued profitability and dividend stability.
Deutsche Bank has downgraded Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) to 'hold' from 'buy', following a strong run in the shares driven by a rebound in iron ore prices. The broker argues that, while Rio continues to deliver solidly and will soon welcome a new chief executive, much of the good news is already reflected in the share price.
Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) shares slipped lower on Wednesday after interim results showed the mining major's softest first half profit for five years. At $4.81 billion first-half underlying earnings were down 16% on the same period a year ago.