
Lumbering iron ore prices and multiple cyclones have weighed on Rio Tinto's profits, but the miner's increasing diversification across other commodities has helped balance the result.
Rio posted a $US4.5 billion ($A6.9 billion) net profit in the six months to June 30, a 22 per cent slip on the same period in 2024, after its Pilbara operations were affected by four cyclones.