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BARRY FITZGERALD
Mongolia beckons in Rio's copper rebuild
JEAN-Sebastien Jacques has been a prolific seller of Rio Tinto’s tarnished silverware. And he is not done yet, with perhaps another US$4 billion in assets in less than shiny assets (Pacific Aluminium and the Canadian iron ore pellets business) expected to be given the heave- ho. <b>By Barry FitzGerald</b>
Rio CEO J-S Jacques underground at Oyu Tolgoi
Since January last year, JS has flogged $8.5 billion in assets, including the entire coal business. The latest deal was the widely flagged $3.5 billion sale of Rio's post-2022 40% share of production from...
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