Rio Tinto's spending heaven

As lower minerals prices send a variety of mining projects back to the drawing board, Rio Tinto's capital expenditure plans leave it brilliantly placed to benefit.

Rio Tinto chief executive Tom Albanese would never publically admit that his company is a major beneficiary from the current minerals downturn.

But between the lines in the latest Rio Tinto profit report you can see enormous long-term benefits for the company coming from the downturn.

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