Rio Tinto Plc : The group should achieve its full-year guidance without difficulty. Cash returns could be generous
>Constructive management, but more cautious on iron ore - Management thinks that the global economy in Q3 2020 was broadly strong, contributing to optimism for a generalised recovery in 2021. However, in the short term, the pace of growth is slowing in most economies (dissipation of pent-up demand, fears of fresh lockdowns). Demand for commodities in China has been underpinned by stimulus measures that have a marked focus on raw materials. Demand for value added alumi...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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