Will Rio Tinto cut its iron ore guidance? Here's why one investment bank thinks it will
Portfolio Pulse from
UBS warns that Rio Tinto may lower its 2025 iron ore shipment forecast due to disruptions from storms and flooding in Western Australia, with shipments dropping 9 million tonnes year-on-year.
February 18, 2025 | 12:30 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
UBS suggests Rio Tinto may reduce its 2025 iron ore shipment forecast due to operational disruptions from storms and flooding in Western Australia, with a significant drop in shipments.
The news of potential forecast cuts due to significant shipment drops and operational disruptions is likely to negatively impact Rio Tinto's stock in the short term. Investors may react to the reduced output and potential revenue implications.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90