掀开奶罩边躁狠狠躁苏玥视频,无码专区3d动漫精品,去阳台跪着把屁股抬起来,精品国产丝袜黑色高跟鞋


Rio goes ahead with dividend amid coronavirus uncertainty

  • Thursday, April 9, 2020
  • Source:ferro-alloys.com

  • Keywords:Rio
[Fellow]Rio goes ahead with dividend amid coronavirus uncertainty

[ferro-alloys.com]Global miner Rio Tinto will go ahead with its $3.7 billion dividend payment this month, its chairman told shareholders on Wednesday, as a weaker global economy forces some of its peers to forgo payouts.

The mining company held the London leg of its annual general meeting via teleconference call due to coronavirus restrictions.

The outbreak has roiled global markets, disrupted supply chains and forced operations to shutter, pushing some mining companies to shore up balance sheets by withholding shareholder payouts.

But Rio chairman Simon Thompson said the company had decided to go ahead with paying the dividend due on April 16.

“The board debated this issue on Monday and confirmed that we will pay the dividend as set out in our annual report,” he said.

“We took this decision because Rio Tinto has a strong balance sheet, our operations are running safely and our order book for iron ore is full.”

Rio in February declared a final dividend of $2.31 per share, or $3.7 billion.

The payment was higher than the prior year but fell slightly short of consensus on what analysts said could be a move to buffer against worsening economic conditions.

Thompson said Rio would review its 2020 interim dividend in July, taking into account the impact of the coronavirus.

Copper producer Freeport-McMoRan cut its dividend and said it would also lower costs in the face of pressure from the virus.

Miner and trader Glencore in March delayed a decision to pay its $2.6 billion dividend until August.

Rio has not been unscathed by the virus, shutting production at its mineral sands operation in South Africa and slowing activity at mines in Mongolia and Canada to comply with government directives.

“The pandemic presents an unprecedented challenge for Rio Tinto and for society as a whole,” Thompson said.

Rio also faces pressure from a report from Dutch NGO SOMO which says the company’s deal with Mongolia over the Oyu Tolgoi copper project was the product of unfair negotiations, allowing Rio to pocket most of the profits.

The miner said in a statement the SOMO report contained incorrect allegations about the process followed in the negotiation of the Oyu Tolgoi investment agreements and that agreements were made in good faith and lawfully.

(Mining.com)

  • [Editor:王可]

Tell Us What You Think

please login!   login   register
Please be logged in to comment!
主站蜘蛛池模板: 翁牛特旗| 赤城县| 武城县| 微山县| 醴陵市| 景宁| 常熟市| 江津市| 两当县| 明溪县| 西畴县| 延庆县| 淳安县| 常德市| 松阳县| 稻城县| 竹北市| 同江市| 高邮市| 泰和县| 卢氏县| 宜宾市| 桑日县| 台中市| 澳门| 治县。| 前郭尔| 南开区| 金华市| 扶绥县| 阿勒泰市| 宜川县| 桂平市| 观塘区| 陇西县| 临猗县| 阿坝县| 遵化市| 桐乡市| 本溪市| 东乡族自治县|