Rio Tinto Plc : H2 2019 should validate a return to normal at the Pilbara complex
>What to expect from the CMD? - Rio Tinto’s management has organised a CMD in London for 31 October. We do not anticipate any news on the Oyu Tolgoi copper project in Mongolia or on the geotechnical difficulties (rock brittleness, well design, etc.) that are delaying decision-making (H2 2020). However, management will probably be expected to speak about 1/ its growth targets (ODDO-BHF: +2.3% for 2019-2023) notably in iron ore for which the validation (or not) of 360Mt...Rio Tinto is engaged in finding, mining and processing mineral resources. Co. has four product groups: iron ore, which supplies the global seaborne iron ore trade; aluminium, which includes bauxite mines, alumina refineries, and aluminium smelters; Copper and Diamonds, which has managed operations in Australia, Canada, Mongolia and the U.S., and non-managed operations in Chile and Indonesia, with by-product including gold, silver, molybdenum and others such as sulphuric acid, rhenium, and lead carbonate; and Energy and Minerals, which comprises mining, refining and marketing operations across borates, coal, iron ore concentrate and pellets, salt, titanium dioxide and uranium sectors.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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