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The London-listed group, which is a leading iron ore and aluminium producer, said underlying earnings fell 7 per cent to $10.9bn during 2024. However, net earnings, which take into account impairments and asset disposals, rose 14 per cent compared with the previous year to hit $11.6bn.

By Clara Denina, Melanie Burton and Himanshi Akhand LONDON/MELBOURNE (Reuters) - Rio Tinto does not support a push by some shareholders to consolidate the company's dual-exchange share listing in Sydney,

Underlying earnings totaled $10.87 billion, down 7.6% year over year. Analysts expected underlying earnings of $11 billion

Rio Tinto Ltd (ASX:RIO) has today declared that, despite a weaker iron ore price, its financials for the year ended December 31 were strong. The heavyweight mining company has reported an underlying profit after tax of US$10.

Rio Tinto reported its smallest full-year underlying earnings in five years on Wednesday that also came in below expectations, as lower prices for iron ore outweighed growth in its copper and aluminium businesses.