RIO CEO echoes caution on global recovery
SYDNEY |
SYDNEY Feb 11 (Reuters) - Rio Tinto (RIO.AX) (RIO.L) CEO Tom Albanese said on Thursday the Anglo-Australian miner may continue to defer big modernisation of aluminium projects until it sees an upturn in OECD economies.
Rio echoed rival BHP Billiton's (BHP.AX) caution in calling a global recovery on Thursday and cut its 2009 dividend after reporting its worst second-half profit in three years.
(Reporting by Michael Perry; Editing by Mark Bendeich)
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