SYDNEY, Aug 1 (Reuters) - Rio Tinto (RIO) Chief Executive Jakob Stausholm said on Tuesday the iron ore miner is focused on small "bolt on" acquisitions, not big purchases.
"I don’t think we need a big acquisition right now," Stausholm said at an event in Melbourne.
"What we are trying to do is a bit of smaller portfolio acquisitions ... that shapes the portfolio."
News: RIO Rio Tinto focused on small 'bolt on' acquisitions - CEO
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