RIO News: Rio Tinto posts 11% drop in annual profit - 21st Feb 2024, 4:31pm

annb0t

Top 20
Feb 21 (Reuters) - Rio Tinto reported an 11.1% drop in full-year underlying earnings on Wednesday, as lower contributions from its aluminium business amid weaker prices countered production gains at the iron ore and copper segments.

The world's largest iron ore producer said its underlying earnings came in at $11.8 billion for 2023, compared with $13.28 billion a year earlier. That was largely in line with LSEG estimate of $11.70 billion. (Reporting by Himanshi Akhand and Archishma Iyer in Beng...

>>> Read more: Rio Tinto posts 11% drop in annual profit
 
Top Bottom