(Reuters) - Rio Tinto said on Wednesday first-half underlying earnings more than doubled, as the global miner benefited from a surge in iron ore prices on strong demand from China for the steel-making commodity.
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)
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