RIO rio tinto limited

News: RIO Rio Tinto focused on small 'bolt on' acquisitions - CEO

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    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."

 
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Last
$113.62
Change
1.260(1.12%)
Mkt cap ! $42.17B
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