SOURCE: Industrial Info Resources

August 21, 2009 07:26 ET

Despite Large Earnings Drop, Rio Tinto Continues Substantial Project Spending, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - August 21, 2009) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Global miner Rio Tinto plc (NYSE:RTP) (London, England) recently reported half-year financial results for the 2009 fiscal year. Falling metals prices helped contribute to decreased net earnings for the company, which at $2.5 billion, were down 65% from the first half of 2008.

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