Incoming Rio Tinto CEO Must Make Significant Funding Decisions -- Market Talk
Dow Jones
Jul 15, 2025
0907 GMT - Rio Tinto's incoming CEO Simon Trott will have several significant strategic decisions to make, RBC Capital Markets analysts write. The key one is whether the miner will delay replacement projects across its Pilbara assets to keep the iron ore market balanced and prices elevated, they write. This would however lower its market share and increase unit costs. He will also have to decide his capital allocation priorities given the company's large pipeline of lithium projects and iron ore replacement mines that need financing over the next ten years, the analysts add. Rio Tinto's London shares trade up 0.2% at 4,434.50 pence.(adam.whittaker@wsj.com)
(END) Dow Jones Newswires
July 15, 2025 05:07 ET (09:07 GMT)
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