Rio Tinto PLC Registered Shares
RIO: XLON (GBR)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
GBX 9,956.00 | Bywgj | Hdgrwzb |
Rio Tinto Bids to Acquire Arcadium Lithium
Arcadium Lithium and Rio Tinto both confirmed a Reuters report that Rio is in talks to acquire Arcadium. With no deal announced, we will maintain our $10 fair value estimate for narrow-moat Arcadium and GBX 5,500 ($72) for no-moat Rio.