Did the Rio Tinto Remote Mining Deal Just Shift Hitachi Construction Machinery's (TSE:6305) Investment Narrative?

Simplywall
2025.10.12 15:20
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Rio Tinto's subsidiary Technological Resources has partnered with Hitachi Construction Machinery to develop remote operation technologies for hydraulic excavators. This collaboration may enhance Hitachi's investment narrative by aligning it with the automation trend in mining. While the immediate financial impact is modest, the partnership could influence investor sentiment regarding future growth. However, challenges such as high debt and board turnover remain. Hitachi's shares are currently trading 35% above fair value, prompting diverse opinions on its future returns.