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Rio shares bountiful cash with investors

The dazzling effect of the 2017 commodities bull market is obvious in Rio Tinto’s (LN:RIO) results for the year: on flat or weaker production numbers, the miner upped its profit 69% year-on-year and will hand shareholders the biggest dividend in company history.

Rio shares bountiful cash with investors Rio shares bountiful cash with investors Rio shares bountiful cash with investors Rio shares bountiful cash with investors Rio shares bountiful cash with investors

Rio Tinto got its trucks in a row in 2017

Net profit for 2017 came in at US$8.6 billion, in line with consensus, while net earnings were $8.8 billion, boosted by $2.7 billion worth of asset sales.

Operating cashflow was $13.9 bi...