Rio Tinto (RIO): Valuation Full As Merger Noise With Glencore Clouds The Standalone Case

In our recent note, we downgraded Glencore to Neutral. We take this momentum to revisit Rio Tinto ( RIO , RTPPF , RTNTF ), reflecting the close linkage and growing correlation between the two companies. Taking advantage ofBuy-side hedge professionals conducting fundamental, income oriented, long term analysis across sectors globally in developed markets. Please shoot us a message or leave a comment to discuss ideas.DISCLOSURE: All of our articles are a matter of opinion, informed as they might be, and must ...