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…
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