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Good times over for Rio with profits down by half

RIO Tinto has this afternoon reported a 50% drop in net earnings for 2008 to $US3.7 billion ($A5....

Kate Haycock
Good times over for Rio with profits down by half

The major miner’s financial statement, released this afternoon, showed the clear impact of slowing commodity demand towards the end of the year after the boom time’s plunge off a cliff. While Rio reported...

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