RIO News: Rio Tinto open to big copper buys but cautious of overheated market - 31st Jul 2024, 8:13am

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(Reuters) - Rio Tinto reported a largely flat half-year underlying earnings growth from a year ago on Wednesday as slightly weaker iron prices were partially offset by stable shipments.

The world's largest iron ore producer reported underlying earnings of $5.8 billion for the six months ended June 30, compared with $5.7 billion a year ago and Visible Alpha consensus of $5.80 billion.

(Reporting by Rishav Chatterjee and Adwitiya Srivastava in Bengaluru; Editing by Sriraj Kalluvila)

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