Rio Tinto's Profit Rises Amid China's Economic Challenges

Reported 3 months ago

Rio Tinto reported a 1.8% rise in underlying earnings to $5.8 billion for the first half of 2024, showing resilience despite China's economic slowdown. The company plans to begin production at its Simandou project in Guinea by 2025, although lower iron ore and aluminum prices have impacted overall earnings.

Source: YAHOO

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