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Walsh ups Rio stake

RIO Tinto Iron Ore chief executive Sam Walsh has boosted his stake in the mining heavyweight after snapping up over $A650,000 worth of shares through the company’s recent $US15.2 billion ($A19 billion) rights issue.

MiningNews.Net
Walsh ups Rio stake

According to a statement lodged with the Australian Securities Exchange, Walsh has increased his direct and indirect interest through the purchase of 23,047 Rio shares at the discounted rights issue price...

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