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Rio Tinto Posts Drop In H1 Profit

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Rio Tinto PLC (NYSE: RIO) reported a drop in its first-half profit.

Rio Tinto's net profit for the six months to June 30 declined 71% to US$1.72 billion. Its underlying earnings declined 18% to US$4.23 billion.

Rio Tinto shares gained 1.07% to $46.37 in pre-market trading.

Posted-In: profitEarnings News

 

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