Rio cuts dividend as iron ore prices hit profits
Rio followed rival BHP in releasing results, and dividends, hit by lower iron ore prices.
RIo chief executive Jakob Stausholm presented the results from Washington where he is discussing aluminium tarrifs.
Lower iron ore prices and natural disasters in major mining areas of Western Australia have hit full-year profits at mining giant Rio Tinto.
London and ASX-listed Rio followed rival BHP today in posting results that show the impact of the Chinese economic slowdown on commodity prices, with the
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