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Iron ore boost bolsters Rio Tinto - Australian Mining

Summary by Australian Mining

Image: Timon/stock.adobe.comRio Tinto has delivered strong financial results for the year ending December 31, 2024, highlighting its resilience and strategic growth despite challenges in the market. The company reported underlying earnings before interest, taxes, depreciation and amortisation (EBITDA) of $23.3 billion, with its iron ore business delivering another year of production growth amidst lower prices. “We continue to build on our moment…

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Australian Mining

Iron ore boost bolsters Rio Tinto - Australian Mining

2 days ago

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Mining Magazine

Rio Tinto hits home run on profits, welcomes key movement in WA - Mining Magazine Australia

Iron ore Country in the Pilbara region of Western Australia.Rio Tinto increased its profits in 2024 despite weakened iron ore prices, showcasing the company’s strength as a global powerhouse. Chief executive Jakob Stausholm said Rio is building on its recent momentum with another set of strong operational and financial results. “With underlying EBITDA (earnings before interest, taxes, depreciation and amortisation) of $23.3 billion and operating…

3 days ago

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