Rio Tinto’s earnings crumble but company remains positive

By John Ollett
Published: Thursday, 08 August 2013

Minerals divisions show positive net earnings; zircon production resumes at RBM

Anglo-Australian miner Rio Tinto Plc saw its bottom line crumble during the first half of this year with net earnings falling by 71% year-on-year (y-o-y) to $1.72bn.

Rio Tinto was hit not just by lower industrial minerals prices but also by lower prices for its major metal commodities as...

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