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ubs maintains neutral rating on rio tinto while favoring antofagasta

UBS has maintained a "Neutral" rating for Rio Tinto plc, noting that market buyers prefer it over Antofagasta. However, analyst Daniel Major favors Antofagasta due to a focus on copper production rather than iron ore.

ubs maintains neutral rating for rio tinto with target price of 5250 pence

UBS has maintained a "Neutral" rating for Rio Tinto plc, setting a target price of 5250 pence. Analyst Myles Allsop indicated that the mining group is expected to address its dual listing issue soon, as noted in a report released on February 7, 2025.

UBS maintains neutral rating for Rio Tinto with production plans in Guinea

UBS has maintained a "Neutral" rating for Rio Tinto plc, setting a target price of 5250 pence. Analyst Myles Allsop noted that the mining company is on track to commence production at the Simandou iron ore mine in Guinea later this year.

ubs maintains neutral rating for rio tinto with target price of 5250 pence

UBS has maintained a "Neutral" rating for Rio Tinto plc, setting a target price of 5250 pence. Analyst Myles Allsop noted that the Resolution copper project in Arizona, where Rio holds a 45% stake, may benefit from Donald Trump's economic policies, although significant challenges remain.

ubs rates rio tinto neutral with target price of 5250 pence

UBS has rated Rio Tinto 'Neutral' with a target price of 5250 pence. The company is a major player in mining, with 2023 production primarily in iron ore (62.5%), followed by aluminium, alumina, and bauxite (22.2%), copper (5.9%), and other minerals. Geographically, 59.6% of net sales come from China, with significant contributions from the United States (13.9%) and Japan (6.9%).

UBS maintains neutral rating for Rio Tinto following fourth quarter results

UBS has maintained a "Neutral" rating for Rio Tinto plc, setting a target price of 5250 pence following the fourth quarter production data. Analyst Myles Allsop noted that results met expectations, although iron ore production was impacted by adverse weather at the Pilbara mine, while copper production exceeded forecasts.

ubs rates rio tinto neutral with target of 5250 pence

UBS has rated Rio Tinto 'Neutral' with a target price of 5250 pence. The company is a leading mining firm, with 2023 production primarily in iron ore (62.5%), followed by aluminium, alumina, and bauxite (22.2%), copper (5.9%), and other minerals, including gold and diamonds. Geographically, 59.6% of net sales come from China, with additional contributions from the United States (13.9%) and Europe (5.3%).

ubs upgrades rio tinto to neutral with target price of 5250 pence

UBS has maintained a 'Neutral' rating for Rio Tinto, setting a target price of 5250 pence after the release of fourth quarter production data. The results met expectations, although iron ore production was impacted by adverse weather at the Pilbara mine, while copper production exceeded forecasts.

UBS Maintains Neutral Rating for Rio Tinto with Target Price of 5250 Pence

UBS has maintained a "Neutral" rating for Rio Tinto plc, setting a target price of 5250 pence following an investor day that conveyed mixed messages. Analyst Myles Allsop noted management's confidence in achieving targeted growth while sustaining a solid base dividend.
23:00 04.12.2024

Rio Tinto Reports 2023 Production Figures Across Key Mineral Segments

Rio Tinto plc, a leading global mining company, reported 2023 production figures with iron ore at 290.2 Mt (62.5%), aluminum and related products at 65.4 Mt (22.2%), and copper at 562.4 Kt (5.9%). The company’s sales are heavily concentrated in China (59.6%), followed by the United States (13.9%) and Japan (6.9%).
22:47 04.12.2024
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