Rio Tinto Share Discussion Threads

[waldron] 08/7/2019 17:06

Iron Ore 119.17 USD 2.07(1.74%)
Gold COMEX 1,398.40 -0.12%
Silver COMEX 15.07 +0.43%
Platinum NYMEX 819.80 +1.04%
Copper COMEX 2.66 +0.11%
Brent Crude Oil NYMEX 64.53 +0.47%
Gasoline NYMEX 1.91 -0.99%
Natural Gas NYMEX 2.36 -1.17%
(WTI) 57.99 USD +0.61%


Rio Tinto
4,802 +1.66%


Glencore
274.1 +1.69%



Anglo American
2,164 +1.24%


(BHP)
1992.8 GBp +1.90%

[poikka] 05/7/2019 17:23

"On the London Stock Exchange, miners ended among the worst blue chip performers as iron ore prices fell after China's top mills formed a group to investigate whether non-market factors are causing the surge in prices."

[waldron] 05/7/2019 17:14

Not much to say,just swanning it in the 4600 to 4800p BOX

[waldron] 05/7/2019 16:57

Iron Ore 117.10USD -6.06(-5.18%)
Gold COMEX 1,401.70 -1.15%
Silver COMEX 15.04 -1.83%
Platinum NYMEX 813.00 -3.10%
Copper COMEX 2.66 -0.56%
Brent Crude Oil NYMEX 64.17 +1.37%
Gasoline NYMEX 1.91 +0.89%
Natural Gas NYMEX 2.40 +7.23%
(WTI) 57.23 USD +0.81%

Rio Tinto
4,723.5 -3.83%

Anglo American
2,137.5 -2.46%

Glencore
269.55 -1.16%


(BHP)
1954.8 GBp -2.79%

[sogoesit] 05/7/2019 15:04

Bought on pull-back, below 60, in US this morning.
Accumulating.

[maywillow] 05/7/2019 08:55

GLEN JP Morgan Cazenove Neutral FROM 380.00 TO 360.00 Reiterates

RIO JP Morgan Cazenove Overweight FROM 5,200.00 TO 5,670.00 Reiterates

BHP JP Morgan Cazenove Underweight FROM 2,060.00 TO 2,080.00 Reiterates

AAL JP Morgan Cazenove Neutral FROM 2,300.00 TO 2,390.00 Reiterates

[podgyted] 05/7/2019 08:10

And then again it might not.....

[podgyted] 05/7/2019 07:37

Ferrexpo might have a good day - production up 11% in Q2, 5% in H1 - average sales price up 28% (a read through to Rio I suspect).

[grupo] 05/7/2019 07:30

AAL Liberum Capital Buy Retains


RIO Liberum Capital Buy Retains

[waldron] 05/7/2019 07:12

cheers ted u2

take care and enjoy

[waldron] 04/7/2019 17:15

Iron Ore118.87 USD -4.29(-3.61%)
Gold COMEX 1,418.70 -0.15%
Silver COMEX 15.32 -0.14%
Platinum NYMEX 838.40 -0.62%
Copper COMEX 2.68 -0.15%
Brent Crude Oil NYMEX 63.56 -0.41%
Gasoline NYMEX 1.85 -0.49%
Natural Gas NYMEX 2.24 -1.02%
(WTI) 56.99 USD -0.71%


Rio Tinto
4,911.5 -1.11%

Anglo American
2,191.5 -1.28%

Glencore
272.7 -1.50%


(BHP)
2006.25 GBp -1.87%

[maywillow] 04/7/2019 07:06

Iron Ore PRICE COMMODITY
117.77
USD -5.39
(-4.58%)

[podgyted] 04/7/2019 07:04

You can run but you can't hide:-

[waldron] 03/7/2019 16:56

Iron Ore123.16USD -0.03(-0.02%)
Gold COMEX 1,419.50 +0.82%
Silver COMEX 15.34 +0.64%
Platinum NYMEX 846.20 +1.52%
Copper COMEX 2.67 +0.38%
Brent Crude Oil NYMEX 63.00 +0.96%
Gasoline NYMEX 1.89 +1.14%
Natural Gas NYMEX 2.24 +1.04%
(WTI) 56.39 USD -0.28%

Rio Tinto
4,966.5 -0.20%

Anglo American
2,220 -1.99%

Glencore
276.85 -0.95%

(BHP)
2045 GBp -0.20%

[maywillow] 03/7/2019 12:23

Macquarie tips Rio Tinto share price to hit $114

Motley Fool Staff | July 3, 2019 | More on: RIO

Financial news wires are reporting that the expert mining analysts at Macquarie Group Ltd (ASX: MQG) expect the Rio Tinto Limited (ASX: RIO) share price could hit $114 in 2019. Rio Tinto shares are already up around 34% over just the past year to $107.14 today largely on the back of the unexpected rise of the iron ore price from US$67 per tonne at the start of 2019 to US$121 per tonne today according to data provider Market Index.

The iron ore price rise is largely due to supply constraints out of Brazil after a tragic mining accident killed more than 300 people in the world’s second largest producer of iron ore behind Australia.

Rio Tinto has also benefited from the falling Australian dollar as most of the WA miner’s operating costs are incurred in Australian dollars before it sell its product in US dollars. This provides a big uplift to margins and profits meaning the miner can pay out bigger dividends.

On June 19 2019 Rio was forced to revise down 2019 production to between 320 million to 330 million tonnes of iron ore in a result it blamed on “operational challenges” and a higher proportion of low grade product that originally expected.

[podgyted] 03/7/2019 11:27

Another crazy(?) day at the Analyst's farm:-

Liberum - Reiterates - Buy - TP 5,500.
BarCap - Reiterates - Underweight - TP 4,000 (yes 4,000)

I've seen a commentary on the Liberum note and it follows my view of RIO. Has anyone seen the actual note or commentary on the BarCap note or one of the others that have a TP of @ the 4,000 mark? I'd really like to understand the bear case because to be frank it totally bemuses me at the moment.