Rio Tinto Profits to Halve

Summary


RIO Tinto is set to reveal a fall in underlying profits from Pounds 3.3 billion to Pounds 1.6 billion when it unveils half-year results on Thursday.

But analysts will be more concerned about efforts by the Anglo- Australian mining giant to reduce its debt mountain.

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Extract


Rio Tinto Profits to Halve

In June, Rio walked away from a Pounds 12.3 bi...

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