Rio Tinto's New CEO Targets Cost Cuts

Core Viewpoint - Simon Trott plans to reduce capital expenditures to less than $10 billion starting in 2028, down from the expected $11 billion for 2025 [1] Summary by Category - Capital Expenditures - Expected capital expenditures will decrease to less than $10 billion from 2028 [1] - The current expectation for capital expenditures in 2025 is $11 billion [1]