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Reuters: Rio Tinto says to slash capex and jobs

Started by chris, December 10, 2008, 07:59:17 AM

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chris

Rio Tinto says to slash capex and jobs
      


MELBOURNE (Reuters) - Global miner Rio Tinto , saddled with almost $40 billion in net debt, announced plans on Wednesday to cut capital spending, slash jobs and boost asset sales but said it would hold its dividend steady.<div class="feedflare">
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