Rio Tinto announced a $7.5 billion plan to halve carbon emissions by 2030. Shares fell as investors reacted to the higher spend
Decarbonisation will focus on aluminium, iron ore divisionsMELBOURNE, Oct 20 - Anglo-Australian miner Rio Tinto
Rio brought forward its target to 2025 for a 15% reduction in emissions from 2018 levels, five years faster than it had previously targeted. "So although we think this is the right strategy it may take a significant amount of time for the shares to reflect this."
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