Analysts still hopeful on Rio

RIO Tinto’s surprisingly weak yearly results from late last week have seen analysts downgrade their estimates of the company’s future profits, but the investment fraternity believes the big miner should still enjoy the fruits of the resource boom.

Analysts still hopeful on Rio Analysts still hopeful on Rio Analysts still hopeful on Rio Analysts still hopeful on Rio Analysts still hopeful on Rio

Merrill Lynch analysts said Rio’s results, which fell around 7% below consensus forecasts, had a disappointing headline number but still represented a strong performance with a record earnings before

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