Tag «cash flow generation»

Rio Tinto delivers strong cash flow generation of $3.2 billion and declares interim dividend of 45 US cents per share, equivalent to $0.8 billion

Rio Tinto chief executive J-S Jacques said: “Rio Tinto has generated net cash from operating activities of $3.2 billion and reported underlying earnings of $1.6 billion, against a backdrop of continued volatility and lower commodity prices. “We focus on delivering value to shareholders. This focus is unrelenting, with further cost reductions achieved in the half …