Professional
Added to YB: 2025-10-10
Pitch date: 2025-10-08
RIO [neutral]
Rio Tinto Group
+42.76%
current return
Author Info
No bio for this author
Company Info
Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore; Aluminium and lithium; and Copper segments.
Market Cap
GBP 159.4B
Pitch Price
GBP 49.75
Price Target
N/A
Dividend
4.29%
EV/EBITDA
8.02
P/E
15.45
EV/Sales
3.10
Sector
Metals and Mining
Category
value
Devon Alpha Fund Portfolio Holding: Rio Tinto Group
RIO (holding update): CEO transition to Simon Trott from iron ore div. Copper production growth ~25% this year, well-positioned for expected market tightening 2H decade. Trading at undemanding 13x P/E with opportunity for multiple expansion as mgmt simplifies strategy & delivers on iron ore/copper growth.
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