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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/2/2024 | Hold → Buy | Berenberg | |
| 7/23/2024 | Hold → Buy | HSBC Securities | |
| 6/27/2024 | Buy → Hold | Berenberg | |
| 5/20/2024 | Buy → Neutral | Citigroup | |
| 3/5/2024 | Buy → Hold | Liberum | |
| 1/12/2024 | Buy | Goldman | |
| 12/5/2023 | Neutral → Outperform | Exane BNP Paribas | |
| 12/1/2023 | Hold → Buy | Liberum |
Berenberg upgraded Rio Tinto from Hold to Buy
HSBC Securities upgraded Rio Tinto from Hold to Buy
Berenberg downgraded Rio Tinto from Buy to Hold
6-K - RIO TINTO PLC (0000863064) (Filer)
IRANNOTICE - RIO TINTO PLC (0000863064) (Filer)
CERT - RIO TINTO PLC (0000863064) (Filer)
HSBC analyst Shilan Modi upgrades Rio Tinto (NYSE:RIO) from Hold to Buy.
Mercedes-Benz Group AG (OTC:MBGYY) and Stellantis NV (NYSE:STLA) are in talks with the Serbian government to invest in lithium-processing and electric vehicle (EV) battery production. Both companies’ involvement would focus on developing EV battery output and processing facilities. The car companies, already partners in a battery joint venture, aim to build on the line of Rio Tinto Plc’s (NYSE:RIO) $2.4 billion investment in a Serbian mine. These discussions mark progress in reviving the project that Serbia halted two years ago after local protests, reported Bloomberg. The Serbian government has emphasized the need for a comprehensive lithium industry rather than merely export
Rio Tinto Group (NYSE:RIO) shares are trading lower today after the company disclosed second-quarter production results. The company reported production of 79.5 million tonnes (67.5 million tonnes for Rio Tinto), a decrease of 2% Y/Y, attributed to a mid-May train collision that disrupted rail capacity for about six days and led to full stockpiles at some mines. Bauxite production increased to 14.7 million tonnes, up 9% from last year, driven by improved utilization and feed rates at Weipa, aligning with the company’s full-year guidance to the upper end of 53 to 56 million tonnes. Outlook: Rio Tinto reiterated outlook for production at Pilbara Iron ore of 323 to 338 million tonnes.
Energy Metals News CommentaryIssued on behalf of Usha Resources Ltd. VANCOUVER, BC, July 26, 2024 /PRNewswire/ -- Despite recent setbacks in the price of copper (falling 20% in just two months), analysts at big banks and funds such as BMO, Citi, and Goldman Sachs believe that factors such as a recent Chinese smelter supply shortage and constrained mine supply will push the red metal's price back up. According to a report from Financial Times, the world's largest copper miners are predicting closer collaboration with their end users as copper shortages are set to flare up in the years ahead. A new study from the International Energy Forum, is already warning that the world needs 55% more copp
Energy Metals News CommentaryIssued on behalf of Usha Resources Ltd. VANCOUVER, BC, July 26, 2024 /PRNewswire/ -- Energy Metals News – Despite recent setbacks in the price of copper (falling 20% in just two months), analysts at big banks and funds such as BMO, Citi, and Goldman Sachs believe that factors such as a recent Chinese smelter supply shortage and constrained mine supply will push the red metal's price back up. According to a report from Financial Times, the world's largest copper miners are predicting closer collaboration with their end users as copper shortages are set to flare up in the years ahead. A new study from the International Energy Forum, is already warning that the worl
USA News Group Commentary Issued on behalf of Lithium South Development Corporation VANCOUVER, BC, May 15, 2024 /PRNewswire/ -- USA News Group – Even though prices are currently down from where they were in 2022, experts still see the monumental importance of lithium in the years and decades ahead. According to a recent post, the UN Trade & Development (UNCTAD) projects based on data from the International Energy Agency (IEA) that by 2050, lithium demand could rise by over 1,500%. UCTAD also believes that to achieve the global 2030 net-zero emission targets, the lithium mining industry will need 70 new mines. Seeking to provide the critical minerals necessary for the green electric revolutio