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Rio Tinto Net Profit Surges in H1 2017

iconSep 19, 2017 17:38
Source:SMM
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.

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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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