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By Praveen Menon
(Reuters) - Rio Tinto posted on Wednesday its best ever annual profit and a record full-year dividend of $16.8 billion, boosted by higher iron ore prices and strong demand from top consumer China.
The stellar results cap a mixed year for the world's biggest iron ore producer, in which demand for its main product picked up as the global economy slowly recovered from the coronavirus but inflation and Chinese scrutiny of prices created headwinds.
Rio's reputation suffered from a...
>>> Read more: Rio Tinto rides iron ore gains to post record profit, pay $17 billion dividend
(Reuters) - Rio Tinto posted on Wednesday its best ever annual profit and a record full-year dividend of $16.8 billion, boosted by higher iron ore prices and strong demand from top consumer China.
The stellar results cap a mixed year for the world's biggest iron ore producer, in which demand for its main product picked up as the global economy slowly recovered from the coronavirus but inflation and Chinese scrutiny of prices created headwinds.
Rio's reputation suffered from a...
>>> Read more: Rio Tinto rides iron ore gains to post record profit, pay $17 billion dividend
