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Rio Tinto Releases 2019 Full Year Results Presentation

26 Feb 2020  |  17:28:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Rio Tinto 2019 full year results presentation

Rio Tinto released 2019 full year presentation reporting gross revenue of $45.4bn and net earnings of $8bn. The Company reported final ordinary dividend for 2019 of 231 US cents per share to be paid in April 2020 considering the total dividend for 2019 of 443 US cents per share. The Company also noted the cash flow from operations of $15.8bn. The Company advised that extensive drilling geophysical programmes completed. Drilled 16 km in 2018 and 124 km in 2019. Initial environmental and sub fauna base line studies completed. Other studies well advanced including: geotechnical, hydrology, mining, processing, basic engineering design.

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