** Rio Tinto RIO.AX falls 0.3% to A$109.9; outperforms mining index .AXMM, which is down 1.5%
** Appointed Simon Trott, who heads co's most profitable iron ore unit, as CEO on Tuesday
** Posts strongest Q2 iron ore output since record 2018 at 83.7 million metric tonnes $(MT)$ from Pilbara operations
** Q2 shipments of 79.9 MT up 13% q/q, but misses Visible Alpha consensus estimate of 81.98 MT
** Citi says lower-grade SP10 iron ore accounts for 29% of Pilbara shipments, highlighting need for new mines
** UBS says Trott taking over in August as "safe pair of hands"
** Stock rated "buy" on avg; median PT is A$118, per data compiled by LSEG
** RIO down 6.4% YTD
(Reporting by Roushni Nair in Bengaluru)
((Roushni.nair@thomsonreuters.com;))
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。