Rio Tinto earnings slip 18%

Aug 08, 2013 | 10:07 AM |

Tags  Rio Tinto, earnings, aluminum, copper, iron ore, Sam Walsh

SHANGHAI — Rio Tinto Plc said its underlying earnings dropped 18 percent for the six months ended June 30 as prices for all its commodities slipped year-on-year.
Earnings before one-off items dropped to $4.23 billion, down from $5.15 billion a year earlier. Prices for aluminum, copper and iron ore were all lower on average, offsetting the benefit....

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