Rio CEO Walsh Readies ‘Cash Machine’ for Holders

Aug. 8 (Bloomberg) -- Rio Tinto Group Chief Executive Officer Sam Walsh says the world’s second-largest mining company is on its way to becoming a “cash machine” for investors as an 18-month cost-cutting drive starts to bear fruit. He spoke yesterday with Bloomberg's Jesse Riseborough in London after the company reported earnings. (Excerpts. Source: Bloomberg)

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