Rio Tinto

Rio Tinto Group is a British-Australian mining group with its headquarters in London, and a management office in Melbourne. Founded in 1873, the group has grown to become one of the world’s leading producers of a range of commodities, including aluminium, iron ore, copper, uranium, coal, and diamonds. The company has operations on six continents but is mainly concentrated in Australia and Canada, and owns gross assets valued at US$81 billion.

Sam Walsh

Rio cost cuts bolster payout prospects

Rio Tinto chief executive Sam Walsh is charting a course to potentially bolster cash returns to investors in the world's second-biggest mining company after cutting US$2 billion of costs ahead of schedule.

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