- **Pilbara Iron Ore Shipments:** 80.3 million tons, close to the estimate of 80.5 million tons.
- **Pilbara Iron Ore Production:** 79.5 million tons on a 100% basis.
- **Copper Production:** 153,300 tons, lower than the estimate of 162,809 tons.
- **Bauxite Production:** 14.7 million tons, higher than the estimate of 13.74 million tons.
- **Alumina Production:** 1.68 million tons, below the estimate of 1.89 million tons.
- **Aluminum Production:** 824,000 tons, slightly less than the estimate of 837,241 tons.
- **IOC Iron Ore Pellets and Concentrate:** 2.2 million tons, significantly below the estimate of 2.71 million tons.
- **Year Forecast for Pilbara Iron Ore:** Shipments predicted to be between 323 million and 338 million tons.
- **Pilbara Unit Cost Per Ton:** Expected to be between $21.75 and $23.50.
- **Copper C1 Unit Cost:** Estimated between $1.40 and $1.60 per pound.
- **Investment Ratings:** 14 buys, 9 holds, 0 sells.
Rio Tinto PLC on Smartkarma
Analyst coverage on Rio Tinto PLC by Jesus Rodriguez Aguilar on Smartkarma reveals insights from the “Selected European HoldCos and DLC: January’24 Report.” The report highlights that discounts to NAV for covered holdcos mostly tightened in January. Of particular interest were trades involving GBL vs. listed assets, Porsche SE vs. listed assets, and the spread of Rio. The discounts to NAV for various holdcos showed changes, with notable adjustments for C.F.Alba, GBL, Heineken Holding, Industrivärden C, Investor B, and Porsche Automobile Holding. The Rio DLC spread widened slightly, indicating shifting market dynamics.
A look at Rio Tinto PLC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Rio Tinto PLC, an international mining company with a diverse portfolio, shows a promising outlook according to the Smartkarma Smart Scores analysis. The company’s strong focus on dividends is evident with a top score in this category, indicating a reliable income source for investors. Additionally, Rio Tinto PLC demonstrates solid resilience and momentum, suggesting stability and potential for sustained growth in the long run.
While the company scores moderately in terms of value and growth factors, its overall position seems favorable for investors seeking a combination of steady dividends, resilience in challenging times, and consistent momentum for future development. Rio Tinto PLC‘s wide-ranging interests in various minerals further underline its potential for continued success in the mining industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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