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Rio Tinto CEO Jakob Stausholm said: “The government’s stimulus measures in response to the ongoing COVID-19 pressure have driven strong demand for our products while supply constraints have led to most price spikes. Safely operating our world-class assets and supplying products to our customers. This allowed us to achieve record financial performance despite operational challenges, with free cash flow of 10.2 billion US dollars and basic income of 12.2 billion US dollars. After tax and government royalties are $7.3 billion. We are further strengthening our investment portfolio. We are committed to funding high-quality Jadar lithium projects, marking our large-scale entry into the fast-growing battery materials market. We will distribute 561 cents per share. The interim dividend, accounting for 75% of the basic income.
“We are making progress on the four priorities, identifying opportunities for operational improvement, advancing our ESG agenda, making important investment decisions and strengthening our external participation. We are making a real difference in the way we participate, interact, and operate. And lasting change, and we are committed to ensuring that we have a strong and positive relationship wherever we do business. We have determined what we need to do to make Rio Tinto a better company in the long term, with the right team To unleash our full potential.”
|
Six months ended June 30 |
2021 |
2020 year |
Change |
||
|
Net cash generated from operating activities (US$ million) |
13,661 |
5,628 |
143% |
||
|
Capital expenditures1 (One million U.S. dollars) |
3,336 |
2,693 |
twenty four% |
||
|
Free cash flow2 (One million U.S. dollars) |
10,181 |
2,809 |
262% |
||
|
Consolidated sales revenue (millions of dollars) |
33,083 |
19,362 |
71% |
||
|
Basic EBITDA2 (One million U.S. dollars) |
21,037 |
9,640 |
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