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Rio Tinto Posts Annual Profit

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Rio Tinto PLC (NYSE: RIO) posted a profit in the year through December 31.

Rio Tinto swung to a net profit of $3.67 billion, versus a year-ago loss of $3.03 billion.

Its earnings from iron ore jumped 6.6%. Rio Tinto also lifted its final dividend to $1.92 versus $1.67.

Rio Tinto shares closed at $57.99 yesterday.

Posted-In: profitEarnings News

 

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