H1 boost for Rio Tinto Minerals

By Mark Watts
Published: Thursday, 05 August 2010

Talc and borates producer’s profits rise 37% as global demand continues recovery

Borates and talc producer, Rio Tinto Minerals, posted a 37% increase in profit for the first half of 2010 as demand recovered in line with the global economy.

The Rio Tinto Plc subsidiary reported operating profits (EBITDA*) of $96m., up from $70m. in the first half of 2009, while sales...

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