Rio Tinto Chief Executive Mr Jakob Stausholm said "The recovery of the global economy, driven by industrial production, resulted in significant price strength for our major commodities, which we were able to capture, achieving record financial results with underlying earnings of USD 21.4 billion. With the launch of our new strategy, we have set a new direction for Rio Tinto to thrive in a decarbonizing world. We have a portfolio that is well positioned, and are targeting disciplined investment in commodities that will see strong demand in the coming decades. Our agenda is an ambitious, multi-year journey which we are determined to deliver and we have already taken the first steps, with underground operations under way following the Oyu Tolgoi agreement and a binding agreement to acquire the Rincon lithium project in Argentina. We continue to evolve and deepen the way we engage and interact with all stakeholders as we work hard to generate and strengthen relationships wherever we operate. Our actions will ensure we continue to deliver attractive returns to shareholders, invest in sustaining and growing our portfolio, and make a broader contribution to society, particularly in relation to the drive to net-zero carbon emissions."------------Highlights------------Consolidated sales revenue– USD 63,495 million, up 42% YoYUnderlying EBITDA– USD 37,720 million, up 58% YoYProfit after tax – USD 21,094 million, up 116% YoY
Rio Tinto Chief Executive Mr Jakob Stausholm said "The recovery of the global economy, driven by industrial production, resulted in significant price strength for our major commodities, which we were able to capture, achieving record financial results with underlying earnings of USD 21.4 billion. With the launch of our new strategy, we have set a new direction for Rio Tinto to thrive in a decarbonizing world. We have a portfolio that is well positioned, and are targeting disciplined investment in commodities that will see strong demand in the coming decades. Our agenda is an ambitious, multi-year journey which we are determined to deliver and we have already taken the first steps, with underground operations under way following the Oyu Tolgoi agreement and a binding agreement to acquire the Rincon lithium project in Argentina. We continue to evolve and deepen the way we engage and interact with all stakeholders as we work hard to generate and strengthen relationships wherever we operate. Our actions will ensure we continue to deliver attractive returns to shareholders, invest in sustaining and growing our portfolio, and make a broader contribution to society, particularly in relation to the drive to net-zero carbon emissions."------------Highlights------------Consolidated sales revenue– USD 63,495 million, up 42% YoYUnderlying EBITDA– USD 37,720 million, up 58% YoYProfit after tax – USD 21,094 million, up 116% YoY
