We are another step closer.................(I know it probably should be in the "Rumours & Speculation" thread)
21:54 GMT - Rio Tinto PLC is finally out of coal and Jefferies sees the miner tacking toward copper and diamonds, and possibly lithium, with aggressive M&A. That's unlikely to happen immediately, though. "While M&A is a longer term risk for Rio, the strategy for now revolves around aggressive capital returns," Jefferies says, adding: "This strategy works." (
[email protected]; @RhiannonHoyle)
(END) Dow Jones Newswires
March 27, 2018 17:55 ET (21:55 GMT)
