Rio Tinto May Report Strongest Interim Profit Since 2014

The transcript discusses Rio Tinto's financial performance, highlighting an expected 13% increase in underlying profit to $4.45 billion on a revenue of $21.3 billion, driven by high commodity prices. It covers asset sales, including the Grasberg mine, and dividend expectations. The company aims to reach the upper end of its iron ore shipment targets. Potential risks include exposure to iron ore prices, energy costs, industrial actions, and trade tensions between the US and China.

What is the expected increase in Rio Tinto's underlying profit for the half-year?

• 10%

• 13%

• 20%

• 15%

Which commodities are primarily driving Rio Tinto's expected profit growth?

• Oil and Gas

• Iron and Steel

• Aluminium and Copper

• Gold and Silver

What is the upper end of Rio Tinto's shipment target range for iron ore this year?

• 300-310 million tons

• 340-350 million tons

• 320-330 million tons

• 330-340 million tons

What is a potential risk to Rio Tinto's iron ore operations?

• New environmental regulations

• Drop in demand from China

• Rising demand in Europe

• Increased competition from Australia

Which factor is NOT mentioned as a risk to Rio Tinto in the second half?

• US-China trade war

• Brexit negotiations

• Industrial actions in Canada and South Africa

• Energy prices affecting aluminium costs