MANAGEMENT

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

Rio upbeat after releasing full year results

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 $6.8 billion, which...

Start a free trial to continue reading this article

Already have an account?

Subscribe now
MORE ON THIS TOPIC

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions