Rio Tinto posts fall in net profits; but EBITDA up

By Siobhan Lismore-Scott
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 $28.5bn.

In its borates arm the company posted a $55m fall in net earnings year on year, to $144m. EBITDA* ...

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