Rio Tinto posts fall in net profits; but EBITDA up
Published: Thursday, 09 February 2012
Minerals giant points to higher TiO2 prices, borates markets “remain strong”
Rio Tinto today reported a 59%
decrease on net earnings year on year for 2011, to $5.8bn, but
a EBITDA* increase of 10% over the same time period, to
In its borates arm the company posted a $55m fall in
net earnings year on year, to $144m. EBITDA* ...