Rio Tinto Minerals’ profits down
Published: Thursday, 11 February 2010
Annual earnings drop 9%, hit by lower sales for borates and talc
Minerals (RTM), the industrial minerals business of Rio Tinto
PLC, posted a 9% drop in net earnings for 2009 to $78m. due to
a sharp drop in sales volumes.
The borates and talc producers sales fell 17% to
$882m., with higher...