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home / news releases / RTNTF - Rio Tinto: Solid Buy With Simandou Upside To Priced In

RTNTF - Rio Tinto: Solid Buy With Simandou Upside To Priced In

Rio Tinto Ltd Aud2 Ord

2024-02-17 06:00:43 ET

Summary

  • Simandou mine in Guinea is the largest known undeveloped high-grade iron ore resource globally.
  • With our commodity view, we are upgrading our 2024 iron ore price estimates. Post-Q4, the company left its production guidance unchanged.
  • Solid balance sheet, compelling valuation, and economic moat make Rio Tinto a buy.

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For further details see:

Rio Tinto: Solid Buy With Simandou Upside To Priced In
Stock Information
Company Name: Rio Tinto Ltd Aud2 Ord
Stock Symbol: RTNTF
Market: OTC
Website: riotinto.com
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