MELBOURNE: Global miner Rio Tinto posted a better-than-expected 55% jump in first-half profit, boosted by its 2007 takeover of Alcan and strong Chinese demand, and raised its dividend on Tuesday.
At a time when economists have been slicing their forecasts for commodity prices, Rio Tinto, like its hostile suitor BHP Billiton Ltd/Plc, was confident in its outlook.
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