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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