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Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
| 43.15 AUD | -4.60% |
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-3.32% | -14.40% |
| 12:55pm | Copper Hits US$10,000 a Ton as BHP Bid Shows Tight Supply Pipeline | MT |
| 12:54pm | FTSE 100 continues record breaking week | AN |
(Reuters) - Miner Rio Tinto reported a 29% drop in first-half profit on Wednesday, hurt by weaker iron ore prices due to cooling demand from top consumer China, higher costs and labour shortages.
The company, one of the world's top iron ore producers, posted an underlying profit of $8.63 billion for the six months ended June 30, compared with a record $12.17 billion a year earlier and a company-compiled consensus estimate of $8.37 billion.
Rio Tinto declared a total interim dividend of $2.67 per share, compared with $5.61 per share a year earlier.
(Reporting by Sameer Manekar and Harish Sridharan in Bengaluru; Editing by Shounak Dasgupta)
Price
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Change
|
5d. change
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Capi.
| ||
|---|---|---|---|---|---|
| 5,482 GBX | +1.91% | +1.99% | 115B | ||
| 130.8 AUD | +1.14% | +1.03% | 115B | ||
| 25.59 AUD | +3.35% | +4.02% | 49.54B | ||
| 1st Jan change | Capi. | |
|---|---|---|
| -14.40% | 149B | |
| -6.08% | 115B | |
| +0.35% | 71.16B | |
| +6.69% | 50.97B | |
| +9.34% | 45.47B | |
| +29.35% | 38.8B | |
| +20.78% | 25.62B | |
| +32.58% | 20.87B | |
| +53.37% | 16.98B | |
| +49.57% | 17.52B |
BHP GROUP LIMITED 
