Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
Diversified mining giant Rio Tinto on Thursday vowed to “sustainably” increase cash returns to shareholders from next year, and for decades to come. Despite a challenging near-term outlook, the company’s Tier 1 assets, a relentless focus on financial discipline, improved earnings before interest, taxes, depreciation and amortisation (Ebitda) margins, the quality and longevity of resources and reserves and its potential for expansion and growth supported a journey towards healthy free cash flow and shareholder returns.
Diversified mining giant Rio Tinto on Thursday vowed to “sustainably” increase cash returns to shareholders from next year, and for decades to come. Despite a challenging near-term outlook, the company’s Tier 1 assets, a relentless focus on financial discipline, improved earnings before interest, taxes, depreciation and amortisation (Ebitda) margins, the quality and longevity of resources and reserves and its potential for expansion and growth supported a journey towards healthy free cash flow and shareholder returns.
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