Business
Rio Tinto profit falls but dividend increases amid ‘exceptional performance’ – ABC News
Rio Tinto’s boss describes his company’s COVID-19 performance as “resilient”, but one analyst is labelling it “exceptional”, despite a 20 per cent profit fall.
Rio Tinto’s boss has described his company’s COVID-19 performance as “resilient”, but one analyst is labelling it “exceptional”, despite a 20 per cent profit fall.
- Rio Tinto profit falls 20pc as copper and aluminium prices drop significantly
- Iron ore prices were up 1pc on a year earlier amid strong demand from Chinese steel mills
- Rio will pay an interim dividend of $US$1.55 ($2.15) a share
The company unveiled a half-year net profit of $US3.32 billion ($4.6 bi…
Continue Reading
-
Business14 hours agoBell Potter names the best ASX shares to buy in October
-
Noosa News19 hours ago28 years later: Grim reality for single house hunters revealed
-
Noosa News14 hours agoDangerous driving charges, Maroochydore – Sunshine Coast
-
General22 hours agoRussia launches its biggest attack on Ukraine’s gas network since war began on the eve of winter