RIO Jan 2026 77.500 call
- Zacks
Wall Street Bulls Look Optimistic About Rio Tinto (RIO): Should You Buy?
The average brokerage recommendation (ABR) for Rio Tinto (RIO) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
- Reuters
Winning over public key to EU's mineral supply push, says industry
Europe's efforts to ensure supplies of critical minerals needed for its green and digital transitions and to reduce its reliance on China are struggling to gain public acceptance, leading industry officials said on Wednesday. The EU Critical Raw Materials Act, due to enter force next week, sets targets for the bloc to mine, recycle and process minerals including lithium and copper by 2030. Bernd Schaefer, the CEO of EIT RawMaterials, an EU-funded group leading a sector alliance, said in an interview that permitting for mining and recycling were a challenge.
- Reuters
Analysis-BHP's options for Anglo American deal narrow as deadline looms
BHP Group's options for its pursuit of rival miner Anglo American include sweetening its $42.7 billion buyout offer, making a hostile bid or walking away for now as it approaches a May 22 deadline to lodge a binding offer. As BHP weighs its next move, CEO Mike Henry and his team have been making the case for the mega-deal on the sidelines of an investor conference in Miami and elsewhere to its investors, a large proportion of whom also hold shares in Anglo. "At this stage I think it is up to BHP to try to convince enough of Anglo's institutional shareholders over the coming week that it's worthwhile pressuring their board to engage with BHP, with a potentially even higher offer on the table should this occur," Morningstar analyst Jon Mills said.
