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Why Is Rio Tinto Stock Falling On Wednesday? - Rio Tinto (NYSE:RIO)

WESTERN AUSTRALIA, AUSTRALIA, JUL 30 – Rio Tinto's interim dividend falls 16% to $1.48 per share due to a 13% iron ore price drop, cyclone damage, and higher debt from a $6.7 billion lithium acquisition.

Summary by Benzinga
Rio Tinto (NYSE:RIO) reported its weakest half-year profit since 2020, as soft iron prices and weather-related disruptions in Western Australia weighed on results. The top global miner posted a 22% drop in net profit to $4.5 billion for the six months ended June 30, 2025. Underlying earnings declined 16% year-on-year to $4.81 billion, missing analyst expectations of $5.05 billion. Earnings before interest, tax, depreciation, and amortization (EB…

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Benzinga broke the news in New York, United States on Wednesday, July 30, 2025.
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