Rio Tinto Ltd
RIO: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|H% | LOCK|$x | LOCK|KqQn@YP |
Rio Tinto and Glencore Go Their Separate Ways
After engaging in merger talks over the past month, Rio Tinto announced that it does not intend to make a firm offer for Glencore. In response, Rio's Australian-listed shares are unchanged at the time of writing, while Glencore shares closed 7% lower in London overnight.
