Rio Tinto ‘shifting gear’ as its half-year profit soars

August 2, 2017

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Diversified major Rio Tinto has nearly doubled its half-year net profit and announced a total cash return of $3-billion to shareholders.

The group’s net earnings soared 95% from $1.7-billion to $3.3-billion and the miner generated operating cash flow of $6.3-billion.

Category: General