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Rio Tinto’s Walsh promises investors $5bn in cost savings

Cecilia Jamasmie | April 18, 2013 | 4:22 pm Energy Top Companies Australia Canada Europe Coal Iron Ore Potash 

Rio Tinto's (ASX, LON, NYSE:RIO) CEO Sam Walsh told investors the company will focus on divesting non-core assets and disciplined investments that will bring savings of $5 billion ($A4.87 billion) this year. Speaking at his first annual general meeting as Rio’s head,...

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