The Rio Tinto mine in Boron, California

Rio Tinto First-Half Earnings More Than Doubles

Underlying earnings for the world’s top iron ore producer in the six months ended June rose to $12.17 billion from $4.75 billion a year earlier. It beat a consensus of $12.01 billion from 14 analysts compiled by Vuma.

(Reporting by Nikhil Kurian Nainan and Sameer Manekar in Bengaluru; Editing by Sriraj Kalluvila)