Rio Targets Coal in $7Bn Costs Purge

Byline: Barry FitzGerald Nov 29, 2012 (The Australian - ABIX via COMTEX) -- The aluminium and coal mining operations of mining group Rio Tinto are likely to be the focus of the company's cost-cutting strategy. CEO Tom Albanese has outlined plans to reduce costs by $A7bn over the next two years. He ... (Publication: Australasian Business Intelligence)