에 대한 최신 뉴스 Rio Tinto (NYSE:RIO) 주식

Rio Tinto

Rio Tinto is a global diversified miner. Iron ore is the dominant commodity, with significantly lesser contributions from copper, aluminum, diamonds, gold, and industrial minerals. The 1995 merger of RTZ and CRA, via a dual-listed structure, created the present-day company. The two operate as a single business entity, with shareholders in each company having equivalent economic and voting rights. Major assets included the Pilbara iron ore operations, a 30% stake in the Escondida copper mine, 66%-ownership of the Oyu Tolgoi copper mine in Mongolia, the Weipa and Gove bauxite mines in Australia, and six hydro-powered aluminum smelters in Canada.

West,Bangal,,India,-,October,09,,2021,:,Rio,Tinto

VALE

세계 최대 광산 기업 두 곳인 리오 틴토 PLC(NYSE:RIO)와 발리 SA(NYSE:VALE)는 수요일에 4분기 실적을 보고할 예정이다. 이들 두 주식 모두 낙관적인 기술적 신호를 보였지만 투자자들은 어느 주식이 더 강력한 실적 후 궤적을 가지고 있는지 면밀히 관찰할 것이다.

리오 틴토 vs 발리: 두 광산주 모두 4분기 실적을 앞두고 낙관적인 기술적 신호를 암시

Stuttgart,,Germany,-,08-20-2023:,Person,Holding,Smartphone,With,Logo,Of

News

Trading Ideas

ABBV

AVGO

CIVI

DINO

GTLS

MUSA

SCCO

SHEL

TSLA

WFRD

바이킹 펀드 매니지먼트(Viking Fund Management)의 최근 13F 공시를 보면, 2024년 대선을 앞두고 일부 석유 기업 주식을 매도하는 등 3분기에 어떤 회사를 사고 팔았는지 확인할 수 있다. 13F 공시를 통해 보고한 포지션은 다음과 같다.

바이킹 펀드: 3분기에 대형 석유주 매각, 테슬라 포지션 절반으로 축소, 브로드컴 추가 매입

lithium battery

Sector ETFs

Global

Markets

ETFs

BATT

iShares S&P Global Clean Energy Index Fund

ICLN

MSFT

First Trust NASDAQ Clean Edge Green Energy Index Fund

QCLN

Market Vectors Rare Earth/Strategic Metals Etf

REMX

최근 연구에 따르면 아칸소주가 전기차(EV) 배터리와 기타 첨단 제품에 필수적인 리튬을 상당량 보유하고 있을 가능성이 제기되었다.

아칸소주가 전기차 배터리 수요 증가에 따라 1천 9백만 톤의 리튬을 보유 중으로 예상

Rio Tinto PLC

Riocan Real Estate Investment Trust

Rio2 Ltd

Riot Platforms Inc

Tidal Trust II Defiance Daily Target 2X Long RIOT ETF

RION Co Ltd

The U.S. is accelerating the permitting process for 10 critical mineral production projects under the FAST-41 program following President Donald Trump's <a target="_blank" href="https://www.benzinga.com/government/regulations/25/03/44471105/trumps-executive-order-fuels-investor-speculation-over-alaskan-resources" rel="noreferrer noopener">executive order</a> to reduce the country's reliance on foreign mineral imports.
The initiative seeks to remove bureaucratic hurdles, secure essential minerals, and strengthen domestic supply chains.
"This is the first use of the Permitting Council's transparency authority, and we look forward to showcasing the many benefits the Federal Permitting Dashboard can bring to critical infrastructure projects," <a target="_blank" href="https://www.whitehouse.gov/articles/2025/04/trump-administration-advances-first-wave-of-critical-mineral-production-projects/" rel="noreferrer noopener">said</a> Manisha Patel, Acting Executive Director at the Permitting Council. "It's a vital tool for interagency coordination and efficient decision-making," he added.
The newly designated projects include major proposals across the country such as Perpetua Resources' (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PPTA#NASDAQ">PPTA</a>) Stibnite Gold and Antimony Project in Idaho, Rio Tinto's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RIO#NYSE">RIO</a>) Resolution Copper Project in Arizona, Hecla Mining's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HL#NYSE">HL</a>) copper and silver mine in Montana, and Albemarle's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALB#NYSE">ALB</a>) expansion of the Silver Peak lithium mine in Nevada. Also included are Standard Lithium's direct lithium extraction site in Arkansas, Warrior Met Coal's metallurgical coal mine in Alabama, and the McDermitt Lithium Project in Oregon. Others include the Caldwell Canyon Phosphate Mine in Idaho, Lisbon Valley Copper in Utah, and Michigan Potash.
These projects are now subject to the FAST-41 framework, which provides enhanced interagency coordination and a centralized online dashboard for monitoring permitting progress. While the program doesn't waive environmental laws, it significantly improves process transparency and helps enforce clearer timelines.
The U.S. depends heavily on foreign sources, particularly China, for critical minerals such as lithium, copper, and rare earth elements, crucial for electric vehicles, military equipment, and consumer electronics. Lengthy permitting processes, which can take anywhere from <a target="_blank" href="https://www.benzinga.com/news/24/07/39870803/us-mine-development-delays-among-worlds-longest-second-only-to-zambia" rel="noreferrer noopener">10 to 29 years</a>, have hindered domestic production, forcing reliance on geopolitical competitors. By comparison, countries like Canada and Australia approve mines in two to five years, giving them a significant advantage in attracting investment and securing supply chains.
Even in Canada, where permitting is relatively faster, both leading candidates for prime minister—Mark Carney and Pierre Poilievre—have campaigned on promises to <a target="_blank" href="https://www.benzinga.com/25/04/44732611/canadian-politicians-promise-faster-project-approvals-ahead-of-april-28-elections" rel="noreferrer noopener">reduce mining bureaucracy</a> further.
"For too long, duplicative processes and regulatory paralysis have delayed the development of the minerals America needs," <a target="_blank" href="https://www.doi.gov/pressreleases/trump-administration-adds-key-mining-projects-fast-41" rel="noreferrer noopener">said</a> Adam Suess, Acting Assistant Secretary for Land and Minerals Management. "By cutting red tape and increasing accountability, we're making it clear that under President Trump, the United States is serious about being a global leader in critical minerals."
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/04/44891559/chinas-gold-stash-soars-to-2292-tonnesand-its-still-buying" target="_blank" rel="noreferrer noopener">China's Central Bank's Gold Stash Spikes To 2,292 Tonnes And Beijing Is Still Buying</a></li>
</ul>
Photo by Juan Roballo via Shutterstock

Government

Large Cap

Regulations

Commodities

Politics

Legal

PPTA

Trump Administration Fast-Tracks Ten Domestic Critical Mineral Projects

Rio Tinto Plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RIO#NYSE">RIO</a>) disclosed that it entered into a Memorandum of Understanding (MoU) with AMG Metals &amp; Materials to explore the development of a large-scale, <a target="_blank" href="https://www.benzinga.com/topic/mining" rel="noreferrer noopener">low-carbon aluminium project in India</a>.
The initiative aims to leverage renewable energy—specifically wind and solar, supported <a target="_blank" href="https://www.businesswire.com/news/home/20250416657643/en/Rio-Tinto-and-AMG-Metals-Materials-to-assess-low-carbon-aluminium-project-in-India" rel="noreferrer noopener">by </a>pumped hydro storage to power the operations.
The partnership will assess the feasibility of establishing an integrated facility with a capacity for up to 1 million tonnes per annum (Mtpa) of primary aluminium and 2 Mtpa of alumina.
As a first step, the study will focus on a potential 500,000 tpa primary aluminium smelter at a strategically chosen location in India.
Rio Tinto Aluminium Chief Executive Jérôme Pécresse said, "This study is an important step in our ambition to grow our global, low-carbon aluminium footprint while exploring new project delivery approaches and opportunities in emerging markets.&#8221;
&#8221;With its rapid economic growth and strategic position, India is a compelling location for this potential project and aligns with our long-term vision for a globally more diverse and resilient aluminium business."
Group President of AMG Metals &amp; Materials and Greenko Mahesh Kolli added, "This MOU could deliver much needed low-carbon metal at scale to propel decarbonization initiatives in global supply chains across auto, construction, consumer packaging and many more segments."
On Wednesday, the company reported a decline in Pilbara iron ore production of 10%<a href="https://www.benzinga.com/news/earnings/25/04/44836973/cyclones-impact-rio-tinto-q1-pilbara-production-and-shipment-by-13-millions-tonnes-trigger-95-million-recovery-plan" target="_blank" rel="noreferrer noopener"> year-over-year (Y/Y) to 69.8Mt</a>.
Severe weather conditions impacted both production and shipment, with four cyclones collectively causing an estimated loss of&nbsp;<a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">approximately 13 million tonnes</a>.
Investors can gain exposure to the stock via&nbsp;VanEck Steel ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLX#NYSE">SLX</a>) and&nbsp;NEOS ETF Trust Mast Global Battery Recycling &amp; Production ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EV#NYSE">EV</a>).
Price Action: RIO shares are up 1.77% at $58.17 at last check Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/04/44636869/jp-morgan-turns-to-europe-sees-value-in-emea-mining-equities" target="_blank" rel="noreferrer noopener">JPMorgan Turns Bullish On European Miners, Sees Copper Rally As Key Catalyst</a></li>
</ul>
Photo: Rahul Sapra/Shutterstock

Equities

Contracts

Movers

Why Is Rio Tinto Betting On India? A Green Aluminium Gamble Could Reshape Supply Chains

U.S. stock futures rose on Thursday ahead of the long weekend, with Good Friday falling on April 18 and Easter Sunday on April 20. Futures of major benchmark indices were higher in premarket.
<a href="https://www.benzinga.com/economics/macro-economic-events/25/04/44848474/fed-chair-powell-says-tariffs-lead-to-temporary-rise-in-inflation">Federal Reserve</a> Chairman Jerome Powell dismissed the possibility of a &#8220;Fed put&#8221; in the near term while speaking in Chicago on Wednesday.
&#8220;We may find ourselves in the challenging scenario in which our dual-mandate goals are in tension. If that were to occur, we would consider how far the economy is from each goal, and the potentially different time horizons over which those respective gaps would be anticipated to close,&#8221; said Powell.
U.S. export restrictions on Nvidia Corp.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) <a href="https://benzinga.com/25/04/44844084/nvidias-h20-chip-ban-could-lead-to-manageable-sales-drop-bank-of-america-says">H20 GPUs</a> pulled the stock market down on Wednesday.
The 10-year Treasury bond yielded 4.32% and the two-year bond was at 3.82%. The CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>&#8216;s projections show markets pricing an 86.4% likelihood of the Federal Reserve keeping the current interest rates unchanged in its May meeting.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.75%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.83%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>1.02%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.66%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, rose in premarket on Thursday. The SPY was up 1.03% to $531.05, while the QQQ advanced 1.04% to $448.78, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From Last Session:
U.S. stocks closed sharply lower on Wednesday, driven by a significant sell-off in the semiconductor sector and broader tech weakness.
The iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>) experienced a steep decline, with Nvidia Corp. and Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) both falling approximately 7% following new export restrictions on Nvidia chips to China.
This news heavily impacted the information technology sector, which, along with consumer discretionary and communication services, recorded the largest losses. In contrast, energy stocks defied the overall downward trend, closing higher.
Among individual companies, Travelers Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRV#NYSE">TRV</a>) reported better-than-expected first-quarter results, and Abbott Laboratories (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABT#NYSE">ABT</a>) posted upbeat first-quarter adjusted EPS.
On the economic front, U.S. industrial production fell by 0.3% in March, slightly more than anticipated. However, U.S. retail sales surged 1.4% month-over-month in March, exceeding both the previous month&#8217;s gain and market expectations.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>-3.07%</td>
<td>16,307.16</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-2.24%</td>
<td>5,275.70</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-1.73%</td>
<td>39,669.39</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-1.03%</td>
<td>1,863.48</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
According to Scott Wren, the senior global market strategist at Wells Fargo, &#8220;current equity levels offer an attractive entry opportunity even with the bounce higher off the recent lows.&#8221;
Wren further emphasized the importance of having a &#8220;plan of action or at least be happy with where you currently stand,&#8221; regardless of individual perspectives on the implemented tariffs.
&#8220;Over the course of the last couple of weeks, we have seen the administration go from an aggressive reciprocal tariff strategy that involved meaningful universal tariffs on virtually all of our trading partners to a pause that suspends most reciprocal tariffs but leaves a 145% levy on imports from China,&#8221; Wren notes.
Despite the tariff uncertainty, Wren&#8217;s firm maintains a view that the U.S. economy was already heading for a slowdown in the first half of the year, even before the current trade strategies were implemented. &#8220;From our perspective, even before the current tariff strategies were deployed, our analysis suggested the economy was going to hit a bump in the road and slow in the first half of this year. That line of thought is still intact,&#8221; Wren states.
Wren also suggests a strategic shift in fixed income, advising investors to &#8220;move money from bonds, specifically the intermediate portion of the yield curve, into mid-cap U.S. equities in an effort to take advantage of the fall in stocks and the rally in bond prices (yields fell).&#8221;
Meanwhile, the <a href="https://www.benzinga.com/government/regulations/25/04/44858165/policy-push-vs-market-pull-dollar-under-pressure-as-reserve-currency-may-be-called-into-question-amid-tariff-turmoil">U.S. dollar is facing pressure</a>, with its &#8220;reserve currency&#8221; status. A recent study titled &#8216;Dollar Upheaval: This Time is Different&#8217; noted a 3.6% depreciation between April 4th and 14th, an unusual move as the dollar typically gains during global volatility.
This suggests a break from traditional market behavior, raising concerns that U.S. Treasuries lose their safe-haven appeal.
"If U.S. Treasuries are no longer viewed as the world's preferred safe asset, then the status of the dollar as the world's reserve currency may be called into question,&#8221; stated the note.
Investors are now <a href="https://www.benzinga.com/news/treasuries/25/04/44857989/gold-nears-3400-mark-experts-point-to-likely-correction-amid-bull-market-rates-will-drop-like-rock">flocking to Gold</a>, which has been hitting fresh highs as it trades above $3,300 per ounce. According to data shared by Charlie Bilello of Creative Planning, the inflation-adjusted gold prices were back at an all-time high, after 45 years, surpassing the prior peak from 1980.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">It took 45 years to get there, but inflation-adjusted Gold prices are back at an all-time high, surpassing the prior peak from 1980. <a href="https://twitter.com/search?q=%24GOLD&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$GOLD</a><a href="https://t.co/l5IYmkeySJ">https://t.co/l5IYmkeySJ</a> <a href="https://t.co/bXWisvrl3c">pic.twitter.com/bXWisvrl3c</a>
&mdash; Charlie Bilello (@charliebilello) <a href="https://twitter.com/charliebilello/status/1912558536573268362?ref_src=twsrc%5Etfw">April 16, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Economist Mohamed El-Erian attributed the increasing price of gold to a gradual shift away from the U.S. dollar by some foreign central banks and other entities seeking diversification.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The price of gold registered another record high today, overcoming yet another periodic round of profit-taking by some tactical traders — this as it benefits from the tailwind of slow and steady diversification away from the dollar by some foreign central banks and others.<a href="https://twitter.com/hashtag/gold?src=hash&amp;ref_src=twsrc%5Etfw">#gold</a>… <a href="https://t.co/MKDnxZddv0">pic.twitter.com/MKDnxZddv0</a>
&mdash; Mohamed A. El-Erian (@elerianm) <a href="https://twitter.com/elerianm/status/1912523089557987357?ref_src=twsrc%5Etfw">April 16, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures </a>
Upcoming Economic Data
Here&#8217;s what investors will keep an eye on Thursday and Friday:
<ul>
<li>On Thursday, initial jobless claims data for the week ending April 12 and March&#8217;s housing starts, building permits, and April&#8217;s Philadelphia Fed manufacturing survey data will be released by 8:30 a.m. ET.</li>
</ul>
<ul>
<li>On Friday, San Francisco Fed President Mary Daly will speak at 8:00 a.m. ET.</li>
</ul>
Stocks In Focus:
<ul>
<li>UnitedHealth Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) fell 0.64% in premarket on Thursday as it is expected to report earnings before the opening bell. Analysts expect a quarterly earnings of $7.29 per share on revenue of $111.60 billion.</li>
</ul>
<ul>
<li>DR Horton Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHI#NYSE">DHI</a>) rose 0.39% as Wall Street expects it to report earnings of $2.65 per share on revenue of $8.03 billion before the opening bell.</li>
</ul>
<ul>
<li>Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) was up 1.38% as it is expected to report earnings before the opening bell. Analysts expect a quarterly earnings of $5.72 per share on revenue of $10.52 billion.</li>
</ul>
<ul>
<li>FNB Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNB#NYSE">FNB</a>) was up 1.14% as it posted better-than-expected earnings for its first quarter on Wednesday.</li>
</ul>
<ul>
<li>Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) jumped 3.45% after reporting a 60% surge in its net profit for the first quarter, topping market expectations.</li>
</ul>
<ul>
<li>Rio Tinto Plc ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RIO#NYSE">RIO</a>) climbed 1.68% after it announced the assessment of the low-carbon aluminum project in India along with AMG Metals &amp; Materials.</li>
</ul>
<ul>
<li>Woodside Energy Group Ltd. ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WDS#NYSE">WDS</a>) advanced 2.73% after signing LNG supply agreements with Uniper.</li>
</ul>
<ul>
<li>BP PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BP#NYSE">BP</a>) gained 1.08%, and Kosmos Energy Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KOS#NYSE">KOS</a>) was 4.22% higher after BP completed loading the first cargo from the Greater Tortue Ahmeyim LNG project.</li>
</ul>
Commodities, Gold, And Global Equity Markets:
Crude oil futures were trading higher in the early New York session by 1.02% to hover around $63.11 per barrel.
Gold Spot US Dollar declined 0.57% to hover around $3,324.20 per ounce. Its fresh record high stood at $3,357.81 per ounce. The U.S. Dollar Index spot was higher by 0.10% at the 99.4760 level.
Asian markets advanced on Wednesday, except China&#8217;s CSI 300 index. India's S&amp;P BSE Sensex, Hong Kong's Hang Seng, Japan's Nikkei 225, Australia's ASX 200, and South Korea's Kospi index ended higher. European markets were lower in early trade.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/government/regulations/25/04/44858165/policy-push-vs-market-pull-dollar-under-pressure-as-reserve-currency-may-be-called-into-qu">Policy Push vs. Market Pull: Dollar Under Pressure As &#8216;Reserve Currency May Be Called Into Question&#8217; Amid Tariff Turmoil</a></li>
</ul>
Photo courtesy: Shutterstock

Market Summary

Futures

Treasuries

Economics

Federal Reserve

Pre-Market Outlook

Analyst Ratings

NFLX

NVDA

iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

US Stocks Likely To Open Higher Ahead Of Festive Weekend: 'Current Equity Levels Offer An Attractive Entry Opportunity'

Rio Tinto And AMG Metals & Materials Signed A Memorandum Of Understanding To Jointly Assess The Feasibility Of Developing An Integrated Low-carbon Aluminium Project Powered By Renewable Energy In India

Rio Tinto Plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RIO#NYSE">RIO</a>) on Wednesday reported a decline in Pilbara iron ore production of 10% <a target="_blank" href="https://www.benzinga.com/topic/mining" rel="noreferrer noopener">year-over-year (Y/Y) to 69.8Mt</a>.
Pilbara iron ore shipments (consolidated basis) decreased 8% Y/Y to 62.5Mt in the quarter.
Severe weather conditions impacted both production and shipment, with four cyclones collectively causing an estimated loss of <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">approximately 13 million tonnes</a>.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/legal/25/03/44223819/activist-renews-calls-for-listing-unification-as-rio-tinto-abandons-5-billion-equity-offering" rel="noreferrer noopener">Activist Renews Calls For Listing Unification As Rio Tinto Abandons $5 Billion Equity Offering</a>
Meanwhile, <a target="_blank" href="https://www.riotinto.com/en/news/releases/2025/rio-tinto-releases-first-quarter-2025-production-results" rel="noreferrer noopener">production</a> of Bauxite rose 12% Y/Y to 15.0MT and Alumina upped 3% Y/Y to 1.9Mt in the quarter.
Outlook: For FY25, Rio reiterated guidance for Bauxite production of 57 to 59MT and Alumina production of 7.4 to 7.8MT.
The company now projects Pilbara iron ore shipments to reach the lower end of the previously issued guidance of 323-338MT, primarily due to the losses sustained from four cyclones in the first quarter.
To address about half of this shortfall, the company has implemented mitigation strategies that will require an additional investment of roughly A$150 million ($95.5 million), covering rectification efforts and contracted mining services.
Moreover, the company continues to anticipate its share of capital investment of ~$11 billion in 2025.
Chief Executive Jakob Stausholm said, "We continued to see strong operational improvement with the Oyu Tolgoi copper mine and our bauxite operations delivering record months for production in March. Production was affected, however, by extreme weather events that impacted our Pilbara iron ore operations."
"We achieved first iron ore at Western Range in the Pilbara and the Simandou high-grade iron ore project in Guinea remains on track. After successful completion of the Arcadium acquisition in March, we are advancing to establish a world-class lithium business."
Last month, the company invested $1.8 billion to develop the Brockman Syncline&nbsp;1&nbsp;(BS1) mine<a target="_blank" href="https://www.benzinga.com/news/large-cap/25/03/44161401/rio-tintos-1-8-billion-iron-ore-expansion-ramps-up-in-australia-details" rel="noreferrer noopener"> in Western Australia's West Pilbara</a>.
Investors can gain exposure to the stock via&nbsp;VanEck Steel ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLX#NYSE">SLX</a>) and NEOS ETF Trust Mast Global Battery Recycling &amp; Production ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EV#NYSE">EV</a>).
Price Action: RIO shares are up 0.45% to $57.52 premarket at the last check Wednesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/44709602/jpmorgans-mining-stock-picks-for-a-v-shaped-recovery-analyst-sees-50-returns-over-two-years" target="_blank" rel="noreferrer noopener">JPMorgan's Mining Stock Picks For A ‘V-Shaped Recovery,' Analyst Sees 50% Returns Over Two Years</a></li>
</ul>
Photo by Adwo via Shutterstock

Earnings

Guidance

Cyclones Impact Rio Tinto Q1 Pilbara Production And Shipment By 13 Millions Tonnes, Trigger $95 Million Recovery Plan

Rio Reiterated 2025 Pilbara Iron Ore Shipments Guidance At 323-338Mt

Rio Sees Q1 Pilbara Iron Ore Production Of 69.8MT, Down 10% YoY

WIIM

Shares of metals stocks are trading higher as stocks rebound amid overall market volatility as investors assess this week's tariff developments.

STLD

Shares of metals companies are trading higher following President Trump's decision to implement a 90-day pause on reciprocal tariffs for all countries except China.

Mining may be down, but not out. The sector has been the worst hit since the <a href="https://www.benzinga.com/topic/tariffs">new U.S. tariffs</a> were announced.
JPMorgan analyst Dominic O'Kane says, "<a href="https://www.benzinga.com/markets/commodities">mining was best performing sector</a> exiting last 3 recessions," and he expects another sharp recovery to unfold after the slide.
With the sector already pricing in a worst-case scenario, the setup for a V-shaped bounce is taking shape.
<h2 class="wp-block-heading">Extreme Weakness, But What's Priced In?</h2>
Metals and mining have been the worst-performing sector since new U.S. tariffs were announced, shedding 13% just last week. That adds to an eye-watering 50% underperformance versus MSCI Europe since January 2023. But O'Kane argues the damage is largely in the price: mining stocks already discount a recession scenario, with commodity prices 15–20% below current levels—such as iron ore at $80/ton and copper at $7,500/ton.
Still, fair value estimates suggest that miners have a serious upside even if metal prices stay flat. JPMorgan sees more than 50% total shareholder return over a two-year horizon. Rio Tinto plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RIO#NYSE">RIO</a>), for example, offers >65% upside, Antofagasta plc (OTCPK: ANFGF) >50% upside and BHP Group Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BHP#NYSE">BHP</a>) >65% upside from current price levels.
Read Also: <a href="https://www.benzinga.com/25/04/44682458/coppers-rout-sees-a-massive-intraday-price-swing-fundamentals-havent-changed-expert-says">Copper&#8217;s Rout Sees A Massive Intraday Price Swing, &#8216;Fundamentals Haven&#8217;t Changed,&#8217; Expert Says</a>
<h2 class="wp-block-heading">What Could Flip The Switch? China Stimulus In Q3</h2>
In the past three global downturns &#8211; 2009, 2016 and 2020 &#8211; miners bottomed ahead of the broader market and went on to outperform by roughly 100% in the next 12 months. This time, the catalyst could once again be China.
JPMorgan economists expect a RMB one trillion fiscal stimulus to be unveiled in the third quarter, which would align with the historical bottoming pattern of ~four months post-selloff.
In 2020, that timeline shrank to just one month as stimulus arrived fast and hard.
That said, this time is different: the expected 0.7% of GDP stimulus is far smaller than 2008's massive ~12% package, and no China property rescue is on the horizon.
Still, the setup remains favorable.
<h2 class="wp-block-heading">How To Play The Rebound: Stocks, ETFs</h2>
O'Kane's top stock picks are copper and gold-centric: Antofagasta and Lundin Mining Corp (OTCPK: LUNMF) lead his copper recommendations, while Rio Tinto offers a diversified bet with a high free cash flow yield.
On the gold side, Fresnillo plc (OTCPK: FSNPF), Hochschild plc (OTCPK: HCHDF) and Anglogold Ashanti PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AU#NYSE">AU</a>) are rated Overweight.
Several ETFs offer targeted exposure to this thesis for US-based investors. The Global X Copper Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COPX#NYSE">COPX</a>) and the iShares MSCI Global Metals &amp; Mining Producers ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PICK#NYSE">PICK</a>) give broad access to copper and diversified miners.
Those seeking gold exposure can look to the VanEck Gold Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDX#NYSE">GDX</a>) or the iShares MSCI Global Gold Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RING#NYSE">RING</a>).
These vehicles provide exposure to many of the stocks JPMorgan favors and may be well-positioned for a recovery trade.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/etfs/specialty-etfs/25/03/44442794/gold-etfs-face-off-gld-vs-gdx-as-they-steadily-climb-amid-bullion-boom">Gold ETFs Face Off: GLD Vs. GDX As They Steadily Climb Amid Bullion Boom</a></li>
</ul>
Photo: Shutterstock

Analyst Color

Long Ideas

Specialty ETFs

ANFGF

COPX

Market Vectors ETF Trust Market Vectors Gold Miners

HCHDF

LUNMF

PICK

RING

JPMorgan's Mining Stock Picks For A 'V-Shaped Recovery,' Analyst Sees 50% Returns Over Two Years

JPMorgan Research has upgraded its outlook for <a href="https://www.benzinga.com/topic/mining">European mining equities</a>, shifting more positive in February and then upgrading the outlook to Overweight in March. The research team cited a pattern of the sector outperforming through economic turbulences, believing a historical pattern could repeat.
Yet analysts acknowledge that the prediction hinges on the timing of China&#8217;s policy response—an important factor since its economy accounts for over 50% of global demand for most industrial metals. JPMorgan forecasts the reaction will focus on fiscal and monetary easing rather than property sector stimulus.
Owing to U.S. tariff policies, the bank now sees a <a href="https://www.benzinga.com/25/04/44608617/jp-morgan-hikes-us-recession-odds-to-40-tariffs-create-a-dilemma-for-the-fed">40% chance of a domestic recession</a> this year, and China's GDP slowdown to 3% in Q2, down from 6.6% in Q1.&nbsp; With reciprocal tariffs, the effective rate on Chinese goods has now jumped to 54%, close to the bank's base case scenario of 60%.
Analysts have pointed out that European miners face limited direct exposure, although Rio Tinto's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RIO#NYSE">RIO</a>) Canadian aluminum operations are affected. Still, the sector's upside depends on copper price stability. A sustained copper rally could present a multi-year entry point, but downside risks include demand destruction from a global recession and a weaker Chinese yuan, which historically correlates with lower metal prices.
The bank highlights Antofagasta (OTCPK: ANFGF) as its Overweight pick, citing its 15–30% volume growth through 2027–28 and attractive valuation as its Centinela expansion ramps up. It also favors Lundin Mining (OTCPK: LUNMF), arguing it trades at a discount, close to 5X EV/EBITDA, compared to peers, which trade at 9-10X. Furthermore, it faces reduced governance risks <a href="https://www.benzinga.com/markets/equities/24/07/40031488/bhp-to-unlock-south-american-copper-riches-partners-with-lundin-for-filo-acquisition">following Vicuña transactions</a>. Regarding the sector leaders, they're Overweight Rio Tinto (citing inexpensive valuation and high copper upside) and Neutral on Anglo American and BHP.
On the downside, the bank is Underweight Boliden, pointing to lower treatment and refining charges, exposure to zinc, and integration challenges after acquiring Lundin's two European mines for <a href="https://www.benzinga.com/24/12/42385859/lundin-exits-europe-for-15-billion-turns-focus-to-south-america">$1.5 billion last year</a>.
The bank remains bullish on EMEA gold miners, projecting a 30% rise in gold prices to ~$4,000/oz amid geopolitical and macroeconomic uncertainty. The top pick is Fresnillo (OTCPK: FNLPF), which it sees benefiting from potential Mexican peso weakness.
European steel equities are less favored due to direct tariff exposure, particularly in auto-dependent firms like ThyssenKrupp and Voestalpine (~30–40% revenue exposure). Furthermore, the bank sees ArcelorMittal facing $400 million in annual EBITDA headwinds from tariffs, but clarifies that SSAB stands out with 45% of EBITDA from the U.S. infrastructure and defense sectors, insulating it from broader tariff risks.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/04/44623954/metals-avoid-trumps-reciprocal-tariffs-white-house-expects-domestic-industry-tailwinds">Metals Avoid Trump&#8217;s Reciprocal Tariffs, White House Expects Domestic Industry Tailwinds</a></li>
</ul>
Photo: Shutterstock

Upgrades

FNLPF

JPMorgan Turns Bullish On European Miners, Sees Copper Rally As Key Catalyst

U.S. tariffs on copper imports could arrive within weeks. In February, President Donald Trump directed the U.S. Commerce Department to<a href="https://www.benzinga.com/25/03/44414283/copper-surges-as-arbitrage-opportunity-drives-us-imports"> conduct an investigation</a>, giving this executive department a nine-month deadline.
Per a Bloomberg<a href="https://www.bloomberg.com/news/articles/2025-03-26/trump-may-implement-copper-import-tariffs-within-weeks"> report</a>, the investigation is seen as "little more than a formality.&#8221; An announcement is likely to come well ahead of the November deadline.
The proposed tariffs, which could reach as high as 25%, would shift the global copper market. The US is a major copper consumer, needing between 1.7 and 1.9 million metric tons annually. Yet, it produces less than half of that, relying on Chile, Canada, and Peru for 90% of its imports.
Rising copper costs would boost domestic producers like Freeport McMoRan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>). They could also be a catalyst for resolving the standstill in Arizona. Recall how Native American opposition stalled Rio Tinto (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RIO#NYSE">RIO</a>) and BHP's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BHP#NYSE">BHP</a>) Resolution Copper mine located in the southern part of the Tonto National Forest—a $64 billion flagship project that could supply 25% of projected future domestic copper demand.
The looming tariffs have triggered a surge in U.S. copper imports, as traders rush to front-run potential duties. According <a href="https://www.reuters.com/markets/commodities/us-copper-imports-soar-500000-tons-amid-tariff-threats-says-bloomberg-2025-03-24/">to</a> Mercuria, around 500,000 metric tons of copper are en route to the U.S. That far exceeds the usual monthly average of 70,000 tons, Reuters noted.
This situation has driven up prices on New York's COMEX exchange, where copper trades at a record $1,400 premium over the London Metal Exchange (LME) benchmark. Unforeseen circumstances further tightened the supply, as Glencore paused its major Chilean copper smelter after experiencing furnace issues.
Investment banks and commodity traders expect further price increases if tariffs are imposed. Goldman Sachs and Citigroup have both forecast that a 25% duty could be in place<a href="https://www.benzinga.com/news/guidance/25/03/44271394/goldman-sachs-sees-copper-imports-increasing-tariffs-as-fcx-positions-to-benefit"> by year-end</a>, while Trafigura has projected that copper prices could climb to $12,000 per ton from the current level of around $10,000, as reported<a href="https://www.ft.com/content/e4f4a52c-9449-4b2a-887d-540e37f7b9bc"> by</a> The Financial Times.
Trump, however, has remained vague on the timing of the tariff announcement. On March 5, he mistakenly implied that copper tariffs were already in effect, saying, "I imposed a 25% tariff on foreign aluminum, steel, lumber, and copper."
Besides this slip, he remained vague about potential tariff exceptions ahead of the April 2 announcement, touted as a "Liberation Day" for US trade policy. First, he took a strict tone against tariff exceptions, before softening the stance in a Tuesday interview for Newsmax,
"I'll probably be more lenient than reciprocal because if I was reciprocal, that would be very tough for people," he said, according<a href="https://www.cnbc.com/2025/03/26/trump-says-tariffs-coming-in-april-will-probably-be-more-lenient-than-reciprocal.html"> to</a> CNBC.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/legal/25/03/44490949/gold-ma-deals-are-accelerating-but-average-deals-are-smaller-research-shows">Gold M&amp;A Deals Are Accelerating, But Average Deals Are Smaller, Research Shows</a></li>
</ul>
Image: Shutterstock

Trump's Copper Tariffs Might Come Sooner Rather Than Later, Insiders Warn

Experts urge the U.S. to collaborate with the European Union to secure assets in Ukraine&#8217;s <a href="https://www.benzinga.com/25/03/44435337/trump-administration-pushes-for-revised-terms-to-access-ukraines-critical-resources-amid-peace-talks-report">critical minerals</a>, arguing that a joint partnership would be the best solution for everyone involved.
Dr. Patrick Schroder and Armida van Rij, senior research fellows at Chatham House, advocate for a transatlantic approach.
&#8220;A joint U.S.-EU approach would enhance supply chain security, accelerate investments and provide geopolitical stability,&#8221; they <a href="https://www.chathamhouse.org/2025/03/trump-may-not-listen-us-should-cooperate-eu-ukraines-minerals?">wrote</a>. &#8220;This isn't just about extraction — it's about building resilient value chains that benefit all parties.&#8221;
Last Thursday, President Donald Trump said his administration was close to finalizing a deal with Ukraine, calling the negotiations "pretty well" after recent talks with Russian and Ukrainian leaders.
"One of the things we are doing is signing a deal very shortly with respect to rare earths with Ukraine," Trump said during an event at the White House, <a href="https://www.theguardian.com/world/2025/mar/21/ukraine-war-briefing-trump-says-minerals-deal-with-kyiv-to-be-signed-very-shortly">per</a> The Guardian.
Many of Ukraine&#8217;s most valuable resources, including lithium and rare earth elements, are <a href="https://www.benzinga.com/news/global/25/02/44057033/this-is-something-that-president-trump-does-over-and-over-again-geopolitical-strategist-says-about-failed-rare-minerals-deal-with-ukraine-president-zelenskyy">in occupied areas</a>, making extraction and processing challenging. Even without these issues, the U.S. still faces logistical and regulatory hurdles in developing Ukraine's mining sector.
Europe's established infrastructure and proximity make it a natural partner in developing mining and refining operations. The EU&#8217;s well-integrated regulatory framework could help streamline the process, ensuring efficient resource extraction and exporting to every market.
Regional leaders who have the know-how include Boliden ADR (OTCPK: BDNNY) and Glencore PLC (OTCPK: GLCNF), which operate some of the continent&#8217;s best refineries, like Nikkelverk nickel refinery in Norway and Rönnskär copper smelter in Sweden. Even global mining giant Rio Tinto (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RIO#NYSE">RIO</a>), which maintains a headquarters in London, has been expanding its footprint in Europe, exploring a major <a href="https://www.benzinga.com/government/24/10/41289306/serbian-parliament-doesnt-pass-lithium-ban-keeps-rio-tintos-major-project-alive">lithium operation in Serbia</a>.
A joint effort would dissipate financial and geopolitical risks. Both parties rely on imports, while the main supplier, China, has been increasing its export restrictions. By pooling resources, both can reduce dependency on China and secure stable supplies.
Beyond logistical advantages, the EU has laid the groundwork for deeper cooperation with Ukraine through the Ukraine-EU Strategic Partnership on Raw Materials, signed in 2021. It also collaborates with the U.S. through the <a href="https://www.state.gov/minerals-security-partnership">Minerals Security Partnership</a> from 2022. A trilateral deal could expand this framework, aligning with the EU's Critical Raw Minerals Act.
Still, to achieve this, three administrations would have to find a common ground. So far, Trump's transactional approach favors quick wins, while the EU prioritizes long-term integration. Experts point out that cooperation, not competition, will yield the greatest rewards.&nbsp;
As researchers noted, "The minerals race shouldn't be a zero-sum game. Ukraine's recovery depends on sustainable investment, not short-term exploitation."
Read Next: • <a href="https://www.benzinga.com/25/03/44456007/gates-bezos-backed-startup-makes-move-for-dr-congos-lithium">Gates And Bezos-Backed Startup Makes Move For DR Congo&#8217;s Lithium</a>

Photo: MotionCenter via Shutterstock

BDNNY

GLCNF

'Ukraine's Recovery Depends On Sustainable Investment,' Experts Call For Trilateral Minerals Deal

TECK

Shares of base metals stocks are trading higher amid overall market strength and as investors assess US tariffs on steel and aluminum.

AMRC, BLD, CISS, CLWT, EFX, FGI, FLNC, KITT, MT, PKX, RIO, RUN, SID, SWK

AMRC

CISS

CLWT

FLNC

KITT

Shares of several companies in the broader industrials space are trading lower amid overall market weakness and tariff concerns.

Activist investor Palliser Capital has renewed its call for Rio Tinto (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RIO#NYSE">RIO</a>) to unify its dual-listed corporate structure, urging the miner to abandon its London listing<a href="https://www.benzinga.com/government/regulations/24/12/42334888/rio-tinto-ceo-defends-london-listing-outlines-future-growth-plans"> in favor of an Australian one</a>.
Reuters <a href="https://www.reuters.com/markets/europe/palliser-capital-says-rio-tinto-unification-benefit-shareholders-cites-appraisal-2025-03-10/">reported</a> that the London-based hedge fund sent a letter to Rio Tinto&#8217;s chairman highlighting the report by Grant Thornton Australia. This report clarified that the company&#8217;s dual-listed structure (DLC) limits its ability to pursue stock-based mergers and acquisitions, complicates equity capital raising and creates a share price disparity between its UK and Australian listings.
Palliser, which holds a $300 million stake in Rio Tinto, argues that the structure is inefficient and &#8220;value destructive,&#8221; preventing the company from realizing its full potential. Meanwhile, their larger rival, BHP Group, successfully unified its dual-listed structure in 2022. If Rio Tinto follows that advice, it would be another hit for the London Stock Exchange (LSE), which has lost nearly a third of its <a href="https://www.benzinga.com/news/legal/25/02/43864896/glencore-rio-tinto-ponder-leaving-london-stock-exchange-as-european-financial-hub-loses-luster">listings since 2015</a>.
Rio Tinto has operated under its current structure since 1995, maintaining separate entities in the UK and Australia. The company's shares trade on the LSE and the Australian Securities Exchange, with shareholder voting rights and dividends structured to ensure parity. Furthermore, the structure requires the company to hold two annual general meetings, in London and Perth.
Rio Tinto has defended the DLC despite its complexity, stating that it benefits shareholders and supports the group's returns. The company thoroughly reviewed the structure in 2024, concluding that it remains effective. Furthermore, the management pointed at a strong dividend track record, as the firm remained among the top UK dividend payers.
The matter will be decided at Rio Tinto&#8217;s upcoming annual general meetings, with UK-listed shareholders voting on April 3 and Australian-listed shareholders voting on May 1. So far, Palliser has reportedly rallied more than 100 shareholders to support their effort.
The capital markets might be the catalyst for resolving the standoff between management and an activist investor. In the aftermath of a <a href="https://www.benzinga.com/news/large-cap/24/10/41203850/rio-tinto-confirms-interest-in-arcadium-lithium-shares-surge">$6.7 billion acquisition of Arcadium Lithium</a>, which closed last week, Rio Tinto had floated the idea of a share sale up to $5 billion.
Still, management scrapped the idea following significant investor pushback, opting to fortify the financial position through an existing bridge loan facility.
Read Next: <a href="https://www.benzinga.com/25/03/44216408/dr-congo-explores-a-minerals-for-security-deal-with-the-us">DR Congo Explores Minerals-For-Security Deal With The US</a>
Photo: Shutterstock

Financing

Activist Renews Calls For Listing Unification As Rio Tinto Abandons $5 Billion Equity Offering

Rio Tinto Plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RIO#NYSE">RIO</a>) disclosed that it is investing $1.8 billion to develop the Brockman Syncline <a target="_blank" href="https://www.riotinto.com/en/news/releases/2025/rio-tinto-to-invest-1_8-billion-to-develop-brockman-mine-extension-in-western-australias-pilbara#:~:text=PERTH%2C%20Australia%2D%2D(BUSINESS%20WIRE,world%20class%20iron%20ore%20operations." rel="noreferrer noopener">1 </a>(BS1) mine in Western Australia&#8217;s West Pilbara.
With this, the company is aiming to extend the region&#8217;s mine life and maintaining iron ore production.
BS1 is part of a series of replacement projects, collectively aimed at achieving a total annual capacity of around 130Mtpa, reinforcing Rio Tinto&#8217;s long-term commitment to the Pilbara region.
It represents a major investment in the Brockman region, which includes Brockman 4 and Greater Nammuldi.
The project has secured all required State and Federal approvals and was developed in collaboration with the Puutu Kunti Kurrama and Pinikura (PKKP) and Muntulgura Guruma Traditional Owners.
Rio Tinto Iron Ore Chief Executive Simon Trott said, &#8220;Brockman 4 produced 43 million tonnes of iron ore in 2024. Securing this project extends the life of the Brockman hub.&#8221;
&#8220;Rio Tinto has been mining iron ore in the Pilbara for almost six decades and our tranche of new mines will ensure we can continue to supply the globe&#8217;s ongoing need for iron ore, for decades to come.&#8221;
The project will be capable of processing up to 34 million tonnes per annum (Mtpa) of iron ore, utilizing existing facilities.
The first ore is now expected in 2027, ahead of the previously anticipated 2028 timeline.
The construction for the project is set to begin this year and will involve building a new primary crusher, an overland conveyor, a Non-Process Infrastructure precinct, and a temporary camp for construction workers.
The project will create around 1,000 jobs during construction, with a workforce of approximately 600 once operational.
In a separate release, Rio Tinto revealed the completion of the buyout of Arcadium Lithium plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALTM#NYSE">ALTM</a>) <a target="_blank" href="https://www.benzinga.com//node/44158396" rel="noreferrer noopener">for $6.7 billion.</a>
The transaction will integrate Arcadium&#8217;s lithium operations into Rio Tinto&#8217;s portfolio. Arcadium boasts a production capacity of 75,000 tonnes of lithium carbonate equivalent annually, <a target="_blank" href="https://www.benzinga.com/m-a/24/10/41246302/major-tesla-supplier-arcadium-lithium-jumps-over-30-in-pre-market-after-rio-tinto-acquires-company-f" rel="noreferrer noopener">with plans to double by 2028</a>.
Investors can gain exposure to RIO via&nbsp;VanEck Steel ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLX#NYSE">SLX</a>) and NEOS ETF Trust Mast Global Battery Recycling &amp; Production ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EV#NYSE">EV</a>).
Price Action: RIO shares are up 0.33% at $63.96 premarket at the last check Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/legal/25/02/43864896/glencore-rio-tinto-ponder-leaving-london-stock-exchange-as-european-financial-hub-loses-luster" target="_blank" rel="noreferrer noopener">Glencore, Rio Tinto Ponder Leaving London Stock Exchange As European Financial Hub Loses Luster</a></li>
</ul>
Photo via Shutterstock.

ALTM

Rio Tinto's $1.8 Billion Iron Ore Expansion Ramps Up In Australia: Details

CENX

NRGV

Shares of several companies in the broader industrials space are trading higher amid overall market strength on reports indicating that President Trump will delay auto tariffs.

ICOP

Shares of copper stocks are trading higher after US President Donald Trump reportedly suggested imports of the metal could be subject to a 25% tariff. Copper is now trading at a 9-month high.

Shares of gold stocks are trading higher amid a drop in the US dollar index.

Small Cap

Opinion

Press Releases

Copper Price Set to Rebound Amid Supply Shortages and EV Demand Surge, Miners Respond

Iron Ore's Price Collapse Threatens Mining Operations

Rio Tinto Buys Arcadium Lithium For $6.7 Billion

Renewables and EVs Are Driving Copper Shortages Faster Than Expected

AI-Powered Market Forecasting: A Game Changer for Critical Minerals?

Steel, Aluminum, and Uncertainty: The Market Reacts to Trump's Latest Tariffs

Mining Giants Face Geopolitical Challenges Amid Transition Metals Focus

ARREF

TSX:ARG

TSX:CS

TSX:LUN

TSX:TKO

TSXV:USHA

USHAF

Jefferies

Comp Vale Do Rio

세계 최대 광산 기업 두 곳인 리오 틴토 PLC(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RIO#NYSE">RIO</a>)와 발리 SA(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VALE#NYSE">VALE</a>)는 <a href="https://www.benzinga.com/earnings" target="_blank" rel="noreferrer noopener">수요일에 4분기 실적</a>을 보고할 예정이다.



이들 두 주식 모두 낙관적인 기술적 신호를 보였지만 투자자들은 어느 주식이 더 강력한 실적 후 궤적을 가지고 있는지 면밀히 관찰할 것이다.



<h2 class="wp-block-heading">리오: 강세지만 저항선에 직면</h2>



<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="629" height="470" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/18191441/image-156.png" alt="" class="wp-image-787800" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/18191441/image-156.png 629w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/18191441/image-156-300x224.png 300w" sizes="(max-width: 629px) 100vw, 629px" /></figure>



<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent021825&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">벤징가 프로를 사용하여 만든 차트</a>



리오의 주식은 올해 들어 9.21% 상승했으며 주식 거래는 강력한 기술 지표인 8일, 20일 및 50일 단순 이동 평균(SMA) 이상으로 거래되었다.



그러나 여전히 200일 단순 이동 평균(SMA)인 64.55달러보다 낮아 추가적인 상승 여력이 있을 수 있음을 시사한다. 상대 강도 지수(RSI)가 66.54인 리오 주식은 과매수 영역에 접근하고 있으며 매도 압박으로 인해 실적 발표 후 약세로 이어질 수 있다.



또한 읽기: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/02/43432736/copper-stocks-on-shaky-ground-jpmorgan-analysts-say-tariffs-deepseek-cloud-outlook" target="_blank" rel="noreferrer noopener">JP모건 분석가들은 구리 주식이 흔들리고 있다고 언급: 관세, 딥시크 클라우드 전망</a>



<h2 class="wp-block-heading">발리: 더욱 강력한 반등?</h2>



<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="629" height="470" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/18192045/image-157.png" alt="" class="wp-image-787806" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/18192045/image-157.png 629w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/18192045/image-157-300x224.png 300w" sizes="(max-width: 629px) 100vw, 629px" /></figure>



<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent021825&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent021825&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">벤징가 프로를 사용하여 만든 차트</a></a>



발리은 지난 한 해 동안 26.3%의 엄청난 상승세를 보인 후 올해 현재까지 올해 들어 10.47%의 상승률로 리오를 능가했다. 리오 틴토와 마찬가지로 발리는 단기 이동 평균 이상으로 거래되어 강세 모멘텀을 나타낸다. 그러나 RSI는 69.71로 리오보다 높아 과매수 수준에 가깝다.



10.55달러의 200일 SMA는 저항선으로 작용할 수 있으며, 투자자들은 실적이 돌파에 필요한 촉매제를 제공하는지 지켜볼 것이다.



<h2 class="wp-block-heading">투자자 시사점</h2>



기술적으로 발리는 더 공격적인 반등과 더 높은 RSI로 인해 더 강력해 보이지만 과열 위험도 더 높다.



한편 리오틴토의 200일 SMA에서의 매도 압박과 저항선은 잠재적인 보합을 시사한다.



어떤 광산업자가 상승세를 이어갈 수 있는 추진력을 갖고 있는지 결정하는 데 있어 실적은 핵심이 될 것이다. 발리의 결과가 인상적이라면 200일 저항선을 돌파할 수 있는 반면 리오의 성과는 매도 압박에 대한 우려를 상쇄해야 할 것이다.







다음 읽기:



<ul>
<li><a href="https://www.benzinga.com/25/02/43492445/critical-metal-demand-to-triple-by-2030-but-demographics-pose-risks" target="_blank" rel="noreferrer noopener">2030년까지 중요 금속 수요가 3배로 증가하지만 인구통계학적으로 인해 위험이 따른다.</a></li>
</ul>



Image: Shutterstock



Benzinga Pro의 독점 뉴스 및 도구로 더 많은 승리를 거두세요 독점 속보 및 스캐너와 같은 Benzinga Pro의 강력한 도구 세트로 다른 트레이더보다 우위를 점하세요. <a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor" target="_blank" rel="noreferrer noopener">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.

바이킹 펀드 매니지먼트(Viking Fund Management)의 최근 13F 공시를 보면, 2024년 대선을 앞두고 일부 석유 기업 주식을 매도하는 등 3분기에 어떤 회사를 사고 팔았는지 확인할 수 있다. 13F 공시를 통해 보고한 포지션은 다음과 같다.
우선, 바이킹펀드매니지먼트는 3분기에 일부 대형 석유 회사의 포지션을 포함하여 8개 종목을 완전히 매각했다.
<h3>3분기 매도 종목:</h3>
&#8211; 마라톤 오일 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRO#NYSE">MRO</a>) 
&#8211; 쉘 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHEL#NYSE">SHEL</a>) 
&#8211; SM 에너지 컴퍼니 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SM#NYSE">SM</a>) 
&#8211; 서던 코퍼 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCCO#NYSE">SCCO</a>) 
&#8211; 소시에다드 퀴미카 미네라 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQM#NYSE">SQM</a>) 
&#8211; 머피 USA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MUSA#NYSE">MUSA</a>) 
&#8211; 사노피 SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNY#NYSE">SNY</a>) 
&#8211; 캑터스 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WHD#NYSE">WHD</a>)
다음은 3분기에 펀드에 추가된 신규 주식이다. 분기 말 기준으로 달러 가치에 따라 크기별로 정렬되었다.
<h3>3분기 신규 매수 종목:</h3>
&#8211; 코디악 가스 서비스 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGS#NYSE">KGS</a>) 
&#8211; EQT 코퍼레이션 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQT#NYSE">EQT</a>) 
&#8211; HF 싱클레어 코퍼레이션 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DINO#NYSE">DINO</a>) 
&#8211; 웨더포드 인터네셔널 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WFRD#NASDAQ">WFRD</a>) 
&#8211; NRG 에너지 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRG#NYSE">NRG</a>) 
&#8211; 버티브 홀딩스 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRT#NYSE">VRT</a>) 
&#8211; 차트 인더스트리즈 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTLS#NYSE">GTLS</a>) 
&#8211; 비스타 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>) 
&#8211; 유나이티드 마이크로엘릭트로닉스 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UMC#NYSE">UMC</a>) 
&#8211; 에버소스 에너지 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ES#NYSE">ES</a>) 
&#8211; 포트랜드 제너럴 일렉트릭 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POR#NYSE">POR</a>) 
&#8211; 레스토랑 브랜즈 인터내셔널 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>) 
&#8211; 뉴트리엔 (NTR.TO – Canada)
주요 변화: 바이킹펀드는 기존 포지션에 대한 여러 가지 변화를 보였고, 새로운 포지션을 개시하기도 했다.
다음은 분기 중 기존 보유 주식 중 추가 매수 규모가 가장 큰 종목이다.
&#8211; 키비타스 리소시스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIVI#NYSE">CIVI</a>): +16,900% 
&#8211; 브로드컴 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>): +882% 
&#8211; 라이온델바젤 인더스트리즈 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYB#NYSE">LYB</a>): +400% 
&#8211; 리오 틴토 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RIO#NYSE">RIO</a>): +386% 
&#8211; 다우 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOW#NYSE">DOW</a>): +200%
다음은 분기 중 기존 보유 주식 중 매도 규모가 가장 큰 종목이다.
&#8211; 텍사스 퍼시픽 랜드 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPL#NYSE">TPL</a>): -60% 
&#8211; 테슬라 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>): -50% 
&#8211; 할리버튼 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>): -40% 
&#8211; 엑슨모빌 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>): -36% 
&#8211; 오빈티브 (OVV.TO – Canada): -33%
왜 중요한가: 다음은 분기 말 기준으로 바이킹펀드에서 가장 큰 포지션을 달러 가치와 펀드에서 차지하는 비율로 순위를 매긴 것이다.
&#8211; 브로드컴: 2,796만 달러, 4.5% 
&#8211; 애브비 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABBV#NYSE">ABBV</a>): 2,488만 달러, 4.0% 
&#8211; 넥스테라 에너지 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>): 2,265만 달러, 3.7% 
&#8211; 엔터지 코퍼레이션 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETR#NYSE">ETR</a>): 1,627만 달러, 2.6% 
&#8211; 블랙록(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>): 1,424만 달러, 2.3%
바이킹펀드는 브로드컴에 대한 포지션을 크게 늘렸으며, 여전히 가장 큰 보유 종목이다. 또한 분기 동안 여러 석유주가 매각되었지만, 에너지 관련 새로운 포지션들이 열리기도 했다.
사진 출처: Shutterstock
이 기사도 읽어보세요: <a href="_wp_link_placeholder" data-wplink-edit="true">13F 공시: 넬슨 펠츠가 이끄는 트리안펀드매니지먼트의 대선 전 포트폴리오 리밸런싱</a>
Benzinga Pro의 독점 뉴스 및 도구로 수익률을 높이세요.
독점 속보 및 스캐너와 같은 Benzinga Pro의 강력한 도구 세트로 다른 트레이더보다 우위를 점하세요. <a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor" target="_blank" rel="noopener">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.

최근 연구에 따르면 아칸소주가 전기차(EV) 배터리와 기타 첨단 제품에 필수적인 리튬을 상당량 보유하고 있을 가능성이 제기되었다.
무슨 일이 (What Happened): 사이언스 어드밴시스(Science Advances) 저널에 발표된 연구에서 연구원들은 아칸소 남부의 스맥오버 포메이션(Smackover Formation) 염수에 510만~1,900만 톤의 리튬이 있을 수 있다고 추정했다고 더 힐(The Hill)이 <a href="https://thehill.com/policy/energy-environment/4945872-arkansas-19-million-tons-lithium-battery-power/" target="_blank" rel="noopener">보도</a>했다. 이 양은 잠재적으로 현재 미국 리튬 자원 추정치의 35~136%를 차지할 수 있다.
연구원들은 공개되고 새로 수집된 염수 리튬 농도 데이터에 대해 훈련된 기계 학습 모델을 사용하여 남부 아칸소 전역의 스맥오버 포메이션 염수에서 예상되는 리튬 농도 예측 지도를 만들었다.
리튬 ETF들은 리튬 수요 증가로 혜택을 볼 수 있는 여러 회사들에 투자하여 포트폴리오를 다각화할 수 있는 방법을 제공한다.
고려할 만한 주요 리튬 ETF로는 Global X 리튬 및 배터리 기술 ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LIT#NYSE">LIT</a>), Amplify 리튬 및 배터리 기술 ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BATT#NYSE">BATT</a>), First Trust NASDAQ 청정 에너지 인덱스 펀드(NASDAQGM:<a class="ticker" href="https://www.benzinga.com/stock/QCLN#NASDAQGM">QCLN</a>), iShares 글로벌 청정 에너지 ETF(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICLN#NASDAQ">ICLN</a>), 그리고 VanEck Vectors 희토류/전략 금속 ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/REMX#NYSE">REMX</a>)가 있다.
왜 중요한가 (Why It Matters): 자동차 제조사들과 기술 회사들은 <a href="https://www.benzinga.com/markets/equities/24/10/41360023/lithium-americas-shares-surge-as-gm-commits-625m-to-thacker-pass-project" target="_blank" rel="noopener" data-google-interstitial="false">리튬 공급을 확보하기</a> 위해 경쟁하고 있으며, 일부는 리튬 채굴 프로젝트에 투자하고 있다. 예를 들어, 제너럴 모터스는 리튬 아메리카스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LAC#NYSE">LAC</a>)와 네바다의 태커 패스(Thacker Pass) 리튬 프로젝트를 위한 공동 투자로 리튬 공급을 확보하고 있다.
유럽에서는 세르비아 의회가 <a href="https://www.benzinga.com/government/24/10/41289306/serbian-parliament-doesnt-pass-lithium-ban-keeps-rio-tintos-major-project-alive" target="_blank" rel="noopener" data-google-interstitial="false">리튬 탐사 및 개발을 금지하지 않기로</a> 결정하여 리오 틴토(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RIO#NYSE">RIO</a>)의 주요 자다르(Jadar) 프로젝트를 계속 진행할 수 있게 했다.
올해 1월, 마이크로소프트(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)는 리튬 소비를 70% 줄이는 혁신적인 배터리 소재 개발을 위한 <a href="https://www.benzinga.com/top-stories/24/02/37188987/interesting-elon-musk-captivated-by-microsofts-70-lithium-reduced-battery-innovation" target="_blank" rel="noopener" data-google-interstitial="false">미국 국립 연구소와의 협력</a>을 발표했으며, 이는 테슬라(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)의 CEO인 일론 머스크의 관심을 끌었다.
더욱이, 2022년 7월, 머스크는 &#8220;리튬 배터리는 새로운 석유다&#8221;라고 트윗하며, 러시아의 우크라이나 침공으로 인한 <a href="https://www.benzinga.com/trading-ideas/movers/22/07/28056987/elon-musk-says-this-battery-metal-is-the-new-oil-but-should-the-vehicle-connoisseur-take-his" target="_blank" rel="noopener" data-google-interstitial="false">석유 문제 속 에너지 독립</a>의 중요성에 대한 크래프트 벤처스(Craft Ventures)의 공동 창립자 데이빗 색스(David Sacks)의 발언에 반응했다.

다음에 읽어볼 기사:
<ul>
<li><a href="https://www.benzinga.com/insights/options/24/10/41411253/palantir-technologies-unusual-options-activity?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">팔란티어 테크놀로지스 비정상적 옵션 거래 활동</a></li>
</ul>
이미지 출처: Shutterstock
이 기사는 <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a>를 통해 생성되었으며, <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>에 의해 편집되었습니다.
Benzinga Pro의 독점 뉴스 및 도구로 더 많은 승리를 거두세요 
독점 속보 및 스캐너와 같은 Benzinga Pro의 강력한 도구 세트로 다른 트레이더보다 우위를 점하세요. 
<a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor" target="_blank" rel="noreferrer noopener">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.

호주의 다국적 광산업체인 <a href="https://www.benzinga.com/quote/BHP" target="_blank" rel="noopener">BHP</a> 그룹(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BHP#NYSE">BHP</a>)가 경쟁사인 앵글로 아메리칸(OTC:<a class="ticker" href="https://www.benzinga.com/stock/NGLOY#OTC">NGLOY</a>)에 제출한 약 400억 달러 입찰은 이 회사를 인수하기에 충분하지 않을 수 있다. 왜냐하면 구리 자산에 대한 전 세계적 쟁탈전 속에서 다른 다각화된 광산업체들이 아마도 경쟁 입찰을 할 것이기 때문이다.
작년에 호주 구리 생산업체인 OZ 미네랄(OZ Minerals)의 64억 달러 인수를 완료한 후, BHP는 세계 경제가 화석 연료에서 전환함에 따라 앞으로 수요가 크게 증가할 것이라는 광범위한 기대 속에서 구리에 대한 투자를 두 배로 늘리고 있다.
태양광, 풍력 발전소, 전기 자동차에는 기존 유틸리티 및 내연 기관 자동차보다 더 많은 구리가 필요하다.
투자 컨설팅 회사인 델타 캐피털 매니지먼트(Delta Capital Management)의 설립자인 숀 캐스터라인(Sean Casterline)은 Benzinga에 &#8220;이것은 세계 청정 에너지 운동의 핵심인 구리 및 기타 금속에 ​​대한 쟁탈전으로 인해 추진된 산업용 금속을 통합하려는 최신 움직임&#8221;이라고 말했다.
이미 세계 최대의 광산 회사인 BHP는 현재 칠레의 국영 코델코(Codelco)와 미국의 대형 기업인 프리포트 맥모란(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>)에 이어 세 번째로 큰 구리 생산업체이다. 앵글로 아메리칸과의 합병으로 BHP는 선두 위치로 올라설 것이다.
RBC 캐피털 마켓의 분석가는 &#8220;우리의 견해로는 구리 자산이 제안된 거래의 주요 동인이라고 생각한다&#8221;라고 말했다.
<h1 class="wp-block-heading">경쟁 입찰 가능성 높다</h1>
BHP는 런던에 본사를 둔 앵글로 아메리칸에 주당 25.08파운드(32.27달러)를 제안했으며 앵글로 아메리칸은 이 제안을 검토 중이라고 밝혔다. 이번 전체 주식 거래는 앵글로 아메리칸의 가치를 311억 파운드(389억 달러)로 평가하며 이 영국 회사가 남아프리카에 상장된 앵글로 아메리칸 플래티넘(OTC:<a class="ticker" href="https://www.benzinga.com/stock/ANGPY#OTC">ANGPY</a>) 및 쿰바 철광석(Kumba Iron Ore Ltd.)(OTC:<a class="ticker" href="https://www.benzinga.com/stock/KIROY#OTC">KIROY</a>)의 지분을 분할하는 데 달려 있다.
이번 제안은 앵글로 아메리칸의 런던 상장 주식에 대해서는 14% 가량의 프리미엄을, 그리고 동사의 백금 및 철광석 부문을 제외한다면 31% 가량의 프리미엄을 나타낸다.
그러나 이에 대해 여러 분석가들은 이게 충분하지 않을 수도 있다고 말했다.
또한 읽어볼 것: <a href="https://www.benzinga.com/markets/asia/24/04/38090219/will-copper-reach-10-000-an-essential-metal-that-faces-an-uncertain-future">구리는 1만 달러에 달할까? ‘불확실한 미래를 맞닥뜨리는 귀중한 금속&#8217;</a>
앵글로 아메리칸의 주가는 최근 너무 하락했기 때문에 이사회와 주주들은 아마도 BHP가 구리 사업을 운영하고 있는 칠레와 페루에서의 이 회사 구리 자산을 포함한 회사의 가치를 BHP의 제안이 과소평가한 것으로 생각할 것이다. 앵글로 아메리칸의 주가는 운영 문제, 실망스러운 생산 전망, 다이아몬드 및 플래티넘 그룹 시장의 부진으로 인해 어려움을 겪고 있다.
BHP의 제안은 &#8220;앵글로 이사회나 주요 주주를 끌어들이기에 충분하지 않은 소심하고 다소 복잡한 입찰&#8221;이라고 리버룸(Liberum)의 분석가 벤 데이비스(Ben Davis)가 말했다. BHP의 제안 이후 그는 앵글로의 목표 가격을 27.50파운드(34.41달러)로 높였다. 이는 제안이 공식적으로 공개되기 전 주식 종가에서 거의 25% 상승한 수치입니다.
제프리스(Jefferies)의 분석가들은 회사 간의 진지한 논의를 위해서는 주당 최소 28파운드(35.04달러)의 가격이 필요할 것이며 주당 30파운드(37.54달러)를 넘는 테이크아웃 가격은 입찰 전쟁의 결과가 될 것이라고 말하면서 더 높이 올렸다.
&#8220;만약 BHP가 실제로 이 거래를 계속 추진한다면 다른 입찰자가 나오지 않는다면 우리는 놀랄 것이다&#8221;라고 이 회사가 말했다. &#8220;이 게임이 시작되는 것을 보자.&#8221;
RBC 캐피털 마켓의 분석가들은 이 회사의 구리 자산을 결합할 때 얻을 수 있는 잠재적 이점 때문에 다각화된 채굴업체 글렌코어(OTC:<a class="ticker" href="https://www.benzinga.com/stock/GLNCY#OTC">GLNCY</a>)를 하나의 논리적 입찰자로 선정했다. 이 회사는 브라질 철광석 자산 결합의 매력 때문에 발리(NYSE:<a class="items-end ticker-link-wrapper inline-flex" href="https://www.benzinga.com/quote/vale" target="_blank" rel="dofollow noopener" aria-label="Go to Quote Page for VALE">VALE</a>)도 가능성으로 내세웠다.
데이비스는 다국적 광산 기업인 리오 틴토(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RIO#NYSE">RIO</a>)를 중요한 후보로 꼽았다. 하지만 그는 이 회사가 광산을 구매하는 것보다 광산을 건설하는 것을 선호하는 것으로 유명하다고 지적했다.
<h1 class="wp-block-heading">금광 회사들의 구리 자산 확장</h1>
구리 인수가 매력적인 이유 중 하나는 처음부터 새로운 구리 광산을 건설하는 데 비용이 많이 들고 시간이 많이 걸린다는 것이다.
허가를 받기 어려운 미국이나 현지 시위 이후 최근 법원 판결로 대규모 구리 광산을 폐쇄해야 하는 파나마와 같은 다른 관할권에서는 특히 그렇다고 폴라리스 캐피털(Polaris Capital)의 포트폴리오 매니저인 제이슨 크로쇼(Jason Crawshaw)가 말했다. 폴라리스 캐피털은 구리 광산업체인 런딘 마이닝 코퍼레이션(OTC:<a class="ticker" href="https://www.benzinga.com/stock/LUNMF#OTC">LUNMF</a>)와 안토파가스타(Antofagasta) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ANFGF#OTC">ANFGF</a>)에 투자하고 있다.
그는 벤징가(Benzinga)에게 &#8220;자산 쟁탈전이 벌어지고 있다&#8221;고 말했다. &#8220;모두는 항상 구리에 더 많이 노출되기를 원한다.&#8221;
금광 회사들조차 구리 자산을 더 확대하는 데 관심을 갖고 있다.
작년에 미국에 본사를 둔 금광 메이저인 뉴몬트(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>)는 호주의 금광업체인 뉴크레스트 마이닝(Newcrest Mining Ltd.)을 거의 170억 달러에 인수하여 거의 500억 파운드에 달하는 구리 매장량과 자원을 단번에 추가했다.
한편, 캐나다에 본사를 둔 경쟁사인 배릭 골드(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLD#NYSE">GOLD</a>)는 2028년 공장 생산 확대를 목표로 잠비아 구리 광산을 확장하기 위해 약 20억 달러를 지출하고 있다.
구리 생산업체에 대한 다양한 노출을 원하는 투자자는 Global X Copper Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COPX#NYSE">COPX</a>), Sprott Copper Miners ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COPP#NASDAQ">COPP</a>), Sprott Junior Copper Miners ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COPJ#NASDAQ">COPJ</a>) 및 iShares Copper and Metals Mining ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICOP#NASDAQ">ICOP</a>)를 고려할 수 있다.
이제 읽어보세요: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/03/37924793/rising-copper-prices-portfolio-review-make-underperforming-anglo-american-stock-a-p">구리 가격 상승, 포트폴리오 검토로 결과가 나오지 않는 앵글로 아메리칸 주식</a>
사진: 앵글로 아메리칸의 칠레 구리 광산 사진 (출처: 앵글로 아메리카의 플리커)

ANGPY

COPJ

COPP

GLNCY

GOLD

KIROY

NGLOY

구리는 HOT한 상품: BHP의 '인수 제안' 후 앵글로 아메리칸에 대한 입찰 경쟁 예상

Comments

Rio Tinto

뉴스

에 대한 최신 뉴스 Rio Tinto (NYSE:RIO) 주식

수요일, 2월 19, 2025

금요일, 11월 15, 2024

화요일, 10월 22, 2024

금요일, 4월 26, 2024

뉴스

파트너 / 기고자

벤징가 글로벌