RIO 1.73% $112.38 rio tinto limited


  1. 401 Posts.
    A good buy at these levels.

    Following recent political developments in South Africa where it is proposed black empowerment groups will be able to buy in to 25% of each project in the country I am very wary of the implications to BHP.

    I would look at RIO or WPL.


    *Political risk in South Africa is a strong negative for BHP.
    *RIO Tinto has historically outperformed BHP in terms of creating shareholder wealth.
    *Rio Tinto has historically outperformed BHP in terms of peak cycle valuations.
    *Superior dividend yield from both RIO Tinto (3.7%) and Woodside Petroleum (5.1%) over BHP (2.8%).

    RIO and WPL have a very similar asset mix to BHP without the inherint risk that is now associated with it.

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Mkt cap ! $41.00B
Open High Low Value Volume
$111.50 $113.69 $111.11 $78.55M 697.1K

Buyers (Bids)

No. Vol. Price($)
19 476 $112.37

Sellers (Offers)

Price($) Vol. No.
$112.40 133 11
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Last trade - 14.08pm 25/05/2022 (20 minute delay) ?
1.910 ( 2.26 %)
Open High Low Volume
$111.47 $113.67 $111.23 68465
Last updated 14.27pm 25/05/2022 (live) ?
RIO (ASX) Chart
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