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Rio Tinto PLC (LSE:RIO) has brushed off scandal after scandal to deliver record profits in the year to 31 December 2021, as well as a bumper boost to dividends. US$7.7bn is going back to shareholders who stuck with the company through the multiple public relations problems of the past couple of years, while the actual shares themselves have been priced higher only once over the past thirty years – and that was last year.
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