Rio Tinto Share Discussion Threads

[bargainsniper] 06/5/2024 10:40

Breaking news China iron ore turns bullish hits $120

[84stewart] 03/5/2024 08:45

Bhp could not afford Rio or Glen they would have to find in excess of£ £110 bln and £70 bln respectively imho .

[eggbaconandbubble] 01/5/2024 12:54

Have we just stopped for a breather? Or is there something about being marked down today???

[greendig] 28/4/2024 22:17

I saw the discussion on CNBC about the possibility that BHP may move their crosshairs to RIO. They did explore a takeover in 2008 IIRC.

Is it really credible though? Surely there are huge competition issues with such a tie up?

What premium would BHP have to pay, 30%

[craftyale] 17/4/2024 14:00

I would've preferred a good run after my divs are reinvested :))

[tuftymatt] 17/4/2024 11:31

Looking good here and sector wide too today / in general of late.

A break and hold of 5500 would be good in the short term and I then think a further push towards 6,000 is very possible later this year.

Good luck all 👍🏻

[shabirm] 17/4/2024 11:14

That is still over 22% from current price.

[philanderer] 17/4/2024 10:10

JPMorgan cuts Rio Tinto price target to 6,630 (7,040) pence - 'overweight'

[craftyale] 17/4/2024 07:07

And the div arrives tomorrow.

[turvart] 17/4/2024 00:36

Just read all the production report and I'm very impressed especially with Oyu Tolgoi copper mine with 500,000 tons ramp up progressing nicely with shafts 3 & 4 almost complete and commissioning in the next few months. The CEO is starting to come through now IMO and RIO is going in a good direction. Happy days!!

[philanderer] 17/4/2024 00:06

Rio Tinto releases first quarter production results

[philanderer] 16/4/2024 09:54

Barclays raises Rio Tinto price target to 6,000 (5,900) pence - 'overweight'

[philanderer] 15/4/2024 19:50

'Citi sees upside for Rio Tinto shares and Plains All American stocks'

[spud] 12/4/2024 08:22

Notice of dividend currency exchange rates - 2023 final dividend12 April 2024 On 21 February 2024, Rio Tinto announced a final dividend of 258.00 US cents per share for the full year ended 31 December 2023, with Rio Tinto Limited shareholders to be paid a final dividend of 392.78 Australian cents per ordinary share and Rio Tinto plc shareholders to be paid a final dividend of 203.77 British pence per ordinary share. American Depositary Receipt (ADR) holders will receive the dividends in US dollars as announced on 21 February 2024. The currency exchange rates which apply to Rio Tinto Limited shareholders who elect to receive the final dividend in pounds sterling or New Zealand dollars and Rio Tinto plc shareholders who elect to receive the final dividend in Australian dollars or New Zealand dollars are the currency exchange rates applicable on 11 April 2024. spud

[rogerrail] 11/4/2024 22:00

More on the same theme:hTtps://www.cnbc.com/amp/2024/04/10/copper-climbs-to-2024-high-as-wall-street-banks-raise-price-forecasts.html

[rogerrail] 11/4/2024 21:55

In summary , jump in LME index start of the year ouperforming stocks, zinc , nickel and copper prices in particular due to China recovery , coupled with a constraint in new mines opening. Whilst commodity prices are showing immediate increases, Barclays advocates being overweight in European miners. Nothing really that can't be logically deduced through news in the public domain.

[trikytree] 11/4/2024 19:31

Behind a paywall. What’s it say?

[rogerrail] 11/4/2024 18:42

Probably not a good idea to be underweight in miners :hTTps://www.ft.com/content/4fa142a5-faa2-425a-9c37-b636d9c30cdc

[turvart] 10/4/2024 18:20

Yeah today was a bit odd with the trading, I sold my last RIO holding at 5322 and then bought them back at 5202 a few hours later lol, can't complain!!

I bought some SVT today also @ 2347

[tuftymatt] 10/4/2024 14:55

Yeah it was 0.1% above expectations which has pushed rate cuts out stateside from June to September.

I think it's opened up a buying opportunity though which will become realised if not this week but next.

Good luck all 👍🏻

[cassini] 10/4/2024 14:26

US inflation data came out at 1:30pm.

I'm guessing it was bad so interest rates will stay higher for longer...