Via Sydney Morning Herald ( http://www.smh.com.au/... ):

"Global miner Rio Tinto has surprised investors by more than doubling its full-year dividend and promising to return $US5 billion ($4.95 billion) to shareholders by 2012, looking to soak up bumper cashflows after it reported a record second-half profit.

The miner posted a net profit of $US14.3 billion in 2010, almost treble the $US4.8 billion it recorded the previous year."

Rio Tinto is one of the mining companies that purchases the Arcoplate wear plates manufactured by Alloy Steel International (AYSI.PK), the nano cap picks & shovels mining play we wrote about recently elsewhere: http://seekingalpha.co...

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