Currently viewing Global edition

Rio underrated

Rio Tinto has been neglected by the market in recent months, which has combined with its underlying balance-sheet strength to make it the standout investment opportunity among major miners, according to RBC analyst Tyler Broda.

Rio underrated Rio underrated Rio underrated Rio underrated Rio underrated

Rio Tinto could climb back into favour on the back of its iron ore operations

That balance-sheet strength was enhanced this week as the major announced a US$3 billion bond purchase programme to further cut back net debt. The redemption notice covered some $1.

topics

loader