Rio Tinto’s earnings crumble but company remains positive
Published: Thursday, 08 August 2013
Minerals divisions show positive net earnings; zircon production resumes at RBM
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