BASE METALS

Profit power for Rio Tinto

RIO Tinto has posted underlying earnings for the first half of 2017 of US$3.9 ($A4.2) billion, more than double its 2016 first half effort of $1.5 billion.

Karma Barndon
Pilbara operations.

Pilbara operations.

In the first half of 2017 Rio generated operating cash flow of $6.3 billion and reported earnings before interest, taxes, depreciation and amortisation of $9 billion and an EBITDA margin of 45%. The...

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