[miningmx.com] – RIO Tinto said it would cut capital spending to $8bn in 2015 which is less than half its outlay last year, said Bloomberg News citing comments by Sam Walsh, Rio Tinto CEO.
Commenting at an investor seminar in Sydney today, Walsh is quoted by the news wire service as saying: “Our capex is reducing, and will come down further. From where I stand, we continue to see market fragility and volatility.’
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