可再生能源波动、力拓首席执行官变动、JSW钢铁、英美资源集团安普拉特分拆、博斯能源升级

Investment Rating - The report maintains an "Overweight" rating for Boss Energy, indicating a positive outlook for the stock in the uranium sector [6][18]. Core Insights - The report highlights significant management changes in the mining sector, particularly noting the upcoming departure of Rio Tinto's CEO and the potential implications for strategic direction and M&A activity [1][9]. - The US renewables sector faces challenges due to amendments in the budget reconciliation bill that could strip ITC/PTC credits, negatively impacting companies like Hanwha Solutions and Enphase [2][9]. - JSW Steel is expected to report a 20% quarter-over-quarter growth in consolidated EBITDA, driven by higher volumes and lower coking coal costs, despite flat ASPs [14]. Detailed Highlights - Rio Tinto: CEO Jakob Stausholm will step down in 2025, prompting expectations for strategic changes and value unlock initiatives. The company is currently trading at a significant discount, with a target price indicating approximately 30% upside potential [9]. - Renewables Whiplash: The amended House reconciliation bill poses risks to the renewables sector, particularly affecting projects reliant on ITC/PTC credits. The focus now shifts to the Senate for potential adjustments [9]. - JSW Steel: Anticipated to show strong performance in EBITDA due to operational efficiencies and market conditions, with a focus on the implications of the Bhushan Power Asset situation [14]. - Anglo American: The company is executing a spin-off of its stake in Anglo American Platinum, which is valued at approximately $5.3 billion, with expectations of significant share distribution and market impact [15]. - Boss Energy: Following a recent pullback, the stock is upgraded to Overweight, with a new price target reflecting a 15% upside based on improved valuation metrics [18].