Rio Tinto CEO Sees Many Interested Buyers for Diamond Unit

Rio Tinto Group, the world’s third-largest mining company, said there are many groups are interested in buying its diamond unit.

“Smaller businesses that require quite a bit of capital may be better owned by someone besides Rio Tinto,” Tom Albanese, chief executive officer of the London-based company, said in a recording of a speech he gave today in Sydney. “There’s no shortage of people who are interested.”