Macquarie: Investors are expected to closely monitor any transaction news from Rio Tinto

```htmlGolden Ten Data July 30｜Macquarie stated that after the six-month negotiation hiatus with Glencore ends on August 5, everyone's attention in the coming months will be focused on Rio Tinto. Analysts from the bank said they were surprised by the "obvious lack" of M&A discussion during the first half earnings conference call. The bank stated that copper is "clearly the bulk commodity favored by Rio Tinto, and given its strong balance sheet, it may seek to increase [copper] exposure through non-organic means." Macquarie gave Rio Tinto's Sydney-listed stock a neutral rating, with a target price of 180 AUD.```