RIO TINTO (RIO $53.11, RATING OVERWEIGHT, price target raised to $56 from $55/share) HIGHER NEAR TERM IRON ORE OUTPUT AND LOWER FUTURE CAP EX PARTLY OFFSET BY LOWER LONG TERM IRON ORE OUTPUT 12/5/2013

RIO TINTO (RIO $53.11, RATING OVERWEIGHT, price target raised to $56 from
$55/share) HIGHER NEAR TERM IRON ORE OUTPUT AND LOWER FUTURE CAP
EX PARTLY OFFSET BY LOWER LONG TERM IRON ORE OUTPUT 12/5/2013