Rio Tinto posts record earnings, buoyed by high ore prices | Malay Mail

📆 27-02-22 05:53:00
📰 malaymail

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MELBOURNE, Feb 27 — Australia-based mining giant Rio Tinto on Wednesday reported record earnings of US$21.4 billion (RM90 billion) last year, on the back of soaring iron ore prices and solid demand from China. Earnings were up 72 per cent versus 2020, reaching the highest levels in Rio’s...

MELBOURNE, Feb 27 — Australia-based mining giant Rio Tinto on Wednesday reported record earnings of US$21.4 billion last year, on the back of soaring iron ore prices and solid demand from China.

Rio Tinto chief executive Jakob Stausholm cited “significant price strength for our major commodities,” as he announced a record dividend to shareholders.

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