Rio Tinto underlying profit falls on weaker iron ore prices
The company, a major iron ore and aluminum producer, reported its underlying earnings slipped 7% to $10.9 billion for 2024, although its net earnings, which factor in impairments and asset disposals, came to $11.6 billion, up 14% compared with 2023.
Mining heavyweights BHP Group and Rio Tinto delivered remarkably similar results and outlooks for key commodities this week, ...
Rio Tinto’s sales and EPS declined, with more challenges ahead in 2025. Read why RIO stock’s strong dividends still support a ...
Rio Tinto has delivered strong financial results for the year ending December 31, 2024, highlighting its resilience and ...
Iron Ore Market The iron ore market is witnessing strong growth, driven by surging steel demand, infrastructure expansion, and rapid indust ...
Rio Tinto’s port, rail and mine operations have resumed after Tropical Cyclone Zelia passed over Western Australia’s Pilbara ...
The Japanese trading house said that the Rhodes Ridge project will be developed and operated by Rio Tinto, which holds a 50% ...
It comes a week after the mining giant told 120 employees that their roles were being outsourced to contractors.
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