Mining giant Rio tinto turn profit last year
International mining giant Rio tinto (buying riversdale) released full-year results. Net profit of $4.617 billion, the year losses of $866 million and earnings of $2.57 per share, the annual dividend of $1.7 per share of common stock. During the period of business generated net cash earnings of $8.465 billion, down 10% year-on-year. Comprehensive sales revenue of $33.781 billion, down 3% year on year.In all kinds of minerals, the iron ore sector last year adjusted EBITDA (except) before interest, tax, depreciation amortization profit of $8.526 billion, up 11% year-on-year,energy and other resources adjusted EBITDA rose 46% to $1.803 billion, but aluminum and copper with diamond department adjusted EBITDA, reduced by 10% and 24% respectively in years.