Rio Tinto Limited (AU:RIO) has released an update.
Rio Tinto’s CEO, Jakob Stausholm, presented at the 2024 AGM in Brisbane, expressing confidence in the company’s strategy for long-term success, underpinned by its core values and objectives. Despite challenges such as lower commodity prices, the company demonstrated robust financial health with a 20% return on capital employed and steady growth. Rio Tinto is focusing on opportunities within the energy transition, investing in sustainable practices and technologies, and maintaining strong ESG commitments.
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