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...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
30 July 2026

Delfin FLNG: Next-level floating liquefaction

Delfin Midstream has assembled more than $5bn of strategic equity, bank debt, private credit and secured notes for the first offshore floating LNG export facility in the US....

Interview
03 August 2026

Africa export finance fires on all cylinders with Citi’s...

Richard Hodder, head of export finance at Citi, outlines Citi’s Africa export finance strategy, discusses the evolution of ECA shopping lines in Europe and changes at US Exim....