Rio Tinto Net Profit Surges in H1 2017

Published: Sep 19, 2017 17:38 (GMT+8)

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Rio Tinto’s net profit surged over 9-fold in H1 2017 thanks to higher selling price of iron ore and other commodities.

SHANGHAI, Sept. 19 (SMM) – Rio Tinto’s net profit surged over 9-fold in H1 2017 thanks to higher selling price of iron ore and other commodities.

Rio Tinto Sells 70,000 tonnes of PB Lump to Chinese Buyers

Its iron ore output slid 1.8% to 134 million tonnes, and iron ore shipments decreased 2.0% to 132 million tonnes.

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Rio Tinto iron ore

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