Re-examining Rio

Miner’s hard decisions and renewed discipline attracts attention.

It requires a degree of faith, as well as financial scrutiny, to accept that the Rio Tinto “leopard” has changed its spots and will, after years of disappointing, actually deliver value for investors.

But that is the consensus view of analysts, and one that I agree with though probably for a different reason to those of stockbrokers and bankers who tend to look only at the numbers.

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