The net income of the Anglo-Australian multinational mining company Rio Tinto declined by 43% for the first six months of this year to $5.1 billion compared to the same period last year, according to its financial results statement released Wednesday.
Rio Tinto earned around $8.9 billion during the January–June period of last year.
Its consolidated sales revenue for the first half of the year amounted to around $26.7 billion, down 10% from about $29.8 billion during the same period last year.
The company also announced its commitment to the decarbonization of its assets to reduce emissions in Scope 1, which defines direct greenhouse gas (GHG) emissions from its operations. In Scope 2, the company commits to reduce indirect emissions from the generation of purchased energy at these operations by 50% by 2030 and to net zero emissions by 2050.
The company said further carbon action might be necessary to align the company’s operations with the goals of the Paris Agreement to limit temperature increases to 1.5 degrees Celsius.
By Duygu Alhan
Anadolu Agency
energy@aa.com.tr