News
30 July 2020

Rising iron ore prices boost Rio Tinto dividend

In:
Metals and Mining
Region:
Asia-Pacific, Europe

Booming iron ore prices enabled Anglo-Australian miner Rio Tinto to announce a $2.5 billion cash return on Wednesday, cementing its position as one of the UK’s biggest dividend payers.The steelmaking commodity has defied predictions for a fall, rising 19% this year to above $110 a tonne on the...

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