Tag: Tintos

Rio Tinto’s Profit Drops 12% as Weaker Commodity Prices Bite

(Bloomberg) — Rio Tinto Group’s underlying profit fell 12% last year on weaker commodities prices and rising costs, but the company still managed to pay a higher dividend. Most Read from Bloomberg The world’s biggest iron ore miner posted an underlying profit of $11.8 billion, largely in line with analyst estimates. It will pay a […]