Rio Tinto Plc RIO reported a 30% rise in its first-half net profit.
Rio Tinto reported its net profit at $7.59 billion. Its revenue surged to $29.1 billion, from $24.5 billion, in the year-ago period. It also increased its share buy-back program by $2 billion to $7 billion.
RIO shares dropped 4.13% to $64.36 in pre-market trading.
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