RIO TINTO (RTP $477.57, rated Overweight) PRICE TARGET RAISED TO $630 PER ADS BASED ON HIGHER IRON ORE AND COAL PRICES, HIGH VOLUME GROWTH RATES AND QUICK DEBT REPAYMENT IN 2013; COMMENTS FROM SIX AUSTRALIAN SITE VISITS JUNE 15-20 June 23, 2008
RIO TINTO (RTP $477.57, rated Overweight) PRICE TARGET RAISED TO
$630 PER ADS BASED ON HIGHER IRON ORE AND COAL PRICES, HIGH
VOLUME GROWTH RATES AND QUICK DEBT REPAYMENT IN 2013;
COMMENTS FROM SIX AUSTRALIAN SITE VISITS JUNE 15-20 June 23, 2008