Rio Tinto reports smallest full-year profit in five years

Reuters

2025/02/20

Feb 19 (Reuters) - Rio Tinto RIO.AX reported its smallest full-year underlying earnings in five years on Wednesday as lower prices for iron ore outweighed growth in its copper and aluminium businesses.

The world's largest iron ore producer reported underlying earnings of $10.87 billion for 2024, compared with $11.76 billion a year ago and Visible Alpha consensus of $11.00 billion.

(Reporting by Himanshi Akhand and Roshan Thomas in Bengaluru; Editing by Anil D'Silva)

((Himanshi.Akhand@thomsonreuters.com))

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