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Rio Tinto to continue talks on Grasberg mine stake future

Diversified miner Rio Tinto reiterated its decision to continue discussions regarding the future of its stake in the Grasberg mine in Indonesia. “There is no doubt that Grasberg is a world-class resource. However, there’s a difference between a world class resource and a world class business,” CE Jean-Sebastien Jacques said on Wednesday, responding to a shareholder at the company’s annual general meeting in London.