Industry News

Rio Tinto First-Half Earnings, Dividend Fall on Weaker Commodity Prices -- Update

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Update time : 2023-07-27 16:19:52

Mining giant Rio Tinto reported a 43% drop in first-half net profit and pared its payout to shareholders, reflecting a fall in commodity prices as China's economic recovery faltered.

The world's second-biggest miner by market value on Wednesday said it made a net profit of $5.12 billion in the six months through June, down...

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