We expect a sharp drop in commodity prices over the last twelve months, particularly iron ore prices, to negatively impact the results of Rio Tinto, a diversified mining company and the world's second largest iron ore producer. However, a sharp increase in iron ore production volumes and the company's cost reduction efforts will partially offset the negative impact of lower commodity prices on the company's results. Rio Tinto announces its earnings results semi-annually.
Rio Tinto 1H 2015 Earnings Preview: Strong Production Volume & Cost Reduction Initiatives In Focus
Forbes - 4 Aug 2015 19:47
We expect a sharp drop in commodity prices over the last twelve months, particularly iron ore prices, to negatively impact the results of Rio Tinto, a diversified mining company and the world's second largest iron ore producer. However, a sharp increase in iron ore production volumes and the company's cost reduction efforts will partially offset the negative impact of lower commodity prices on the company's results. Rio Tinto announces its earnings results semi-annually.
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