An international mining group, combining Rio Tinto plc and Rio Tinto Limited. The Company's principal product and global support groups are Iron Ore, Energy, Industrial Minerals, Aluminium, Copper, Diamonds, Exploration and Technology.
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I'm All In.
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One of the company that will supply material for pent up growth in India, China and europe
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Ok I may be early here but really the numbers look good http://financials.morningstar.com/ratios/r.html?t=RIO®ion=USA&culture=en-us
If we ar really in deflationary April I have bigger worries than my CAPS score
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Looks expensive.
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S & P 5 star
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Another bullish move is the leading international mining group, British Rio Tinto (NYSE: RIO) is mostly in Australia and North America, but it also operates in Europe, South America, Asia and Africa. Gold and silver are by-products of Tinto's copper operations. The $105B company has a pricey 25 P/E, but pays a nice 2.5% dividend. This stock pays Fools to own it. Price action is currently POSITIVE: above the 10-day EMA, which is above 100-day trend.
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china wii begin to grow again and need the copper/iron ore
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Once the Euro situation eases and the global economy starts growing again, commodity prices will rise and Rio will do well.
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prices of raw materials have bottomed
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Controls the supply of precious metals and diamonds.
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Buying when it looks most bleak...
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With expansion in diamond mining, this stock is due for a climb.
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All those car factories being built in China need steel. who will provide the iron ore? The land down under will do it, mate. The sell-off on short-term drops in ore shipments has received absurd levels here, and a rebound is on tap. Great company, big dividend, and bigger prospects over the long haul. Throw another ingot on the barbie and pop a Fosters.
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Ridiculously cheap.
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The world needs materials, especially China and India and RIO will certainly benefit from this.
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Valuation $80-90
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Uranium...
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Value.
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Too focused on one product
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