Rio Tinto Limited ( (RTNTF) ) has released its Q4 earnings. Here is a breakdown of the information Rio Tinto Limited presented to its investors.
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Rio Tinto Limited, a major player in the global mining and metals industry, is renowned for its comprehensive portfolio of commodities, including iron ore, copper, aluminum, and minerals, with significant operations across Australia, Mongolia, and Canada.
In its latest earnings report, Rio Tinto Limited demonstrated resilience in a challenging market with an underlying EBITDA of $23.3 billion, despite facing an 11% lower average iron ore price. The company reported a profit after tax of $11.6 billion, showcasing a robust financial performance supported by strategic investments and a diverse commodity portfolio.
Key highlights from the report include a 15% increase in profit after tax attributable to owners and a full-year ordinary dividend payout of $6.5 billion, maintaining a nine-year record at the top end of the payout range. The company’s operational improvements led to a 3% rise in sales volumes on a copper equivalent basis, and significant progress in strategic projects such as the Oyu Tolgoi copper-gold mine in Mongolia and the Simandou iron ore project in Guinea.
Rio Tinto continues to emphasize sustainability, with a 14% reduction in Scope 1 and 2 emissions from the 2018 baseline, and investments in renewable energy and low-carbon initiatives. The acquisition of Arcadium Lithium plc and the expansion of the Rincon project in Argentina highlight the company’s focus on energy transition commodities and long-term growth.
Looking ahead, Rio Tinto’s management remains optimistic about 2025, with plans to finalize the Arcadium acquisition and maintain disciplined investments for sustained growth. The company aims to balance shareholder returns with strategic investments, ensuring a strong foundation for future profitability and environmental stewardship.
