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Rio Tinto Continues To Support The Energy Transition
RIORio Tinto(RIO) Seeking Alpha·2024-06-17 15:23

Rio Tinto Group (OTCMKTS: OTCPK:RTNTF) is one of the largest mining corporations in the world, with a market capitalization of well over 100billionUSD.Thecompanycontinuestobesusceptibletochangesinoreprices.However,itcontinuestogeneratestrongcashflowwithincrediblyimportantassets.Thatwillenablethecompanytocontinuegeneratinglong−termshareholderreturns.RioTintoInvestorPresentationThecompany′ssalesrevenuedeclinedby3100 billion USD. The company continues to be susceptible to changes in ore prices. However, it continues to generate strong cash flow with incredibly important assets. That will enable the company to continue generating long-term shareholder returns. Rio Tinto Investor Presentation The company's sales revenue declined by 3%, a 1.6 billion decline, but in a world with hig ...