Rio Tinto confident on iron ore

Rio Tinto confident on iron ore

By Staff Reporter

Chief financial officer Chris Lynch said the company had no plans for acquisitions purely to diversify the business away from iron ore, a commodity that has lost about 30 per cent of its value this year. “Any investment we make will always be based on value,” he said, according to The Australian. “If there happened to be a diversification benefit from it, then that’s great.

Read more here: Business Spectator


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