Rio Tinto Pays Out $3 Billion To Shareholders

Finance and Trade
02/08/2017 14:07

Today we have announced total cash returns to shareholders of $3 billion. By driving performance, focusing on cash and allocating it with discipline we are delivering superior cash returns to our shareholders. These are strong results: operating cash flow was $6.3 billion and we met our $2 billion cash cost reduction target six months early. We are now shifting gear to focus on the untapped value from our productivity programme and continue to strengthen our portfolio to build higher returns for the future.

- Rio Tinto chief executive J-S Jacques, on 2017 half year results