Rio Tinto
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Mining giant Rio Tinto propels profits with strong copper sales
Feb 21, 2025Rio Tinto said on Thursday that rising demand for copper has increased its yearly net profit and offset declining pricing for its main iron ore commodity. The British-Australian business praised its “resilient financials” after a 15%... -
Rio Tinto to invest $2.5 billion in Argentina lithium production
Dec 16, 2024Anglo-The massive Australian mining company Rio Tinto said Thursday that it would invest $2.5 billion to increase its production of lithium carbonate, a crucial component of batteries for electric vehicles, in Argentina. “Rio Tinto has approved... -
Rio Tinto reported a 41 percent drop in net earnings
Feb 23, 2023Anglo-Australian mining corporation Rio Tinto reported a 41 percent drop in net earnings Wednesday, citing a dip in commodity prices and higher energy costs. After posting a record 2021, profit after tax fell to US$12.4 billion...
