Rio Tinto Takes Hit as Trump Trade War Casts Cloud over Miners

Rio Tinto posts smallest first-half profit in five years

Rio Tinto reported its smallest first-half underlying profit in five years on Wednesday as iron ore prices remained subdued due to oversupply concerns and soft China demand, offsetting higher earnings from its copper business.

Rio Tinto takes hit as Trump trade war casts cloud over miners

A slowdown in Chinese demand for steel has also weighed on Australia’s largest iron ore miner, as it delivers its smallest first-half profit in five years.

Rio Tinto’s lowest profit in five years may be Stausholm’s best moment

The miner’s return to profitable growth across its portfolio gives its incoming CEO options for the next decade.

Rio Tinto posts modest profit as iron ore prices plunge

One of the world's largest iron ore miners has recorded a slip in first-half profits, as weak demand from China continues to drag on iron ore prices.

Rio Tinto’s Profits Drop as Trump Trade Tumult Hits Big Miners

Rio Tinto Group posted a decline in first-half profit as the world’s biggest miners battle stagnant prices for key commodities, and trade uncertainties unleashed by President Donald Trump threaten demand.

Rio Tinto books record bauxite production and expects iron ore to meet estimates

Mining giant’s profit dipped in the first half