Australia-based miner Rio Tinto has announced its financial results for the first half this year.
The company has posted a net profit of $4.53 billion for the given half, compared to $5.8 billion in the same period of the previous year. In the first half this year, the company’s consolidated sales revenues remained mostly stable at $26.8 billion. The company’s underlying EBITDA in the given period totaled $11.55 billion, decreasing by 4.5 percent year on year.
Rio Tinto’s Pilbara iron ore shipment guidance for 2025 has remained at 323-338 million mt, subject to weather and market conditions.
