Rio sees returns diminish

RIO Tinto chief executive officer Jakob Stausholm has praised an uplift in operational performance for the strong financial returns in 2022, which must be set against the context of record prices in 2021, he said.

Rio upbeat after releasing full year results

22 February 2023
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Announcing its full year 2022 results, Rio Tinto generated $16.1 billion from operating activities, down 36% on 2021.

Free cash flow of $9 billion included capital expenditure of $6.

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