Rio Tinto earnings take hit
Aug 09, 2012 | 11:40 AM
| Claire Hack
Tags
Rio Tinto,
earnings,
iron ore,
aluminium,
results,
first half,
Simandou,
Pilbara
Pyu Tolgoi
LONDON — Poor performance in its iron ore and aluminum divisions caused an adverse earnings effect of $1.9 billion for Rio Tinto during the first half of 2012, while lower sales volumes across the business knocked earnings down by $584 million, chief financial officer Guy Elliott said during a conference call....
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