Iron ore brings RioTinto 12% more profit
11 August 2019, 14:39
RioTinto made good profit due to the increased cost of iron ore. In the first six months, growth exceeded twelve percent, which equates to five billion dollars. This exceeds the indicators of the same period in 2018 by more than half a million dollars. After the damage that occurred due to the cyclone in early spring, the concern can fully compensate for the losses. Also, RioTinto indicated that dividends will grow by almost twenty percent - the cost of one share will be about 150 cents
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