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Rio Tinto logs first annual gain since 2013 on iron ore rally

Cecilia Jamasmie | February 08, 2017 | 3:02 am Base Metals Energy Precious Metals Top Companies Africa Asia Australia China Europe Coal Copper Diamond Gold Iron Ore Uranium 

Rio Tinto (ASX, LON:RIO), the world’s second largest miner, delivered strong signs of a long-awaited turnaround in the industry by posting its first gain in annual profit since 2013. Higher iron ore prices boosted Rio’s profit 12% to $5.1 billion...

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