While Rio’s 2018 operating performance was largely stable vs. 2017, the year witnessed major asset disposal benefits. Not only did the group’s bottom-line – supported by disposal gains – hit its highest level since 2010, the full-year shareholder rewards totalled $13.5bn. Interestingly, the on-going disruption in global iron ore markets, removal of US sanctions against Rusal and the restoration of operational normalcy in copper should provide further impetus to near-te
28 Feb 2019
Stable results but stellar rewards
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Stable results but stellar rewards
Rio Tinto plc (RIO:LON) | 5,435 7228.6 2.5% | Mkt Cap: 68,074m
- Published:
28 Feb 2019 -
Author:
Varun Sikka -
Pages:
4
While Rio’s 2018 operating performance was largely stable vs. 2017, the year witnessed major asset disposal benefits. Not only did the group’s bottom-line – supported by disposal gains – hit its highest level since 2010, the full-year shareholder rewards totalled $13.5bn. Interestingly, the on-going disruption in global iron ore markets, removal of US sanctions against Rusal and the restoration of operational normalcy in copper should provide further impetus to near-te