Close Window

Digital Look Email A Friend

Rio Tinto H1 profits slump 29% from record high

Published by Iain Gilbert on 27th July 2022

(Sharecast News) - Mining giant Rio Tinto posted a 29% fall in interim profits and cut its dividend by more than half on Wednesday as weaker iron ore prices due to cooling demand from Chinese consumers, higher costs, and labour shortages all weighed on the group.

URL: http://www.digitallook.com/dl/news/story/32848756/...

Email this article to your friends
NOTE: These email addresses will be used to email the information on your behalf and will not be collected by Digital Look for any marketing purposes.