Rio Tinto’s Half Year Result 3 Aug 20: Rio Tinto (RIO) profits fall but iron ore remains solid

Australia’s second largest miner, Rio Tinto (RIO) reported first half profit results slightly ahead of analyst expectations as surveyed by Bloomberg. Numbers were mostly weaker on the year before, due to COVID-19 disruptions. Still, RIO lifted its interim dividend to US$1.55/share.

 

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