"The theme for this year, next year, and probably the extended period beyond . will be...

|By:, SA News Editor

"The theme for this year, next year, and probably the extended period beyond ... will be everything having to do with cost control," says Rio Tinto (RIO) CEO Tom Albanese, as his company aims to cut $5B in operating costs by the end of 2014. Commodity prices are weak, yes, but in just 5 years, Australia has gone from being among the cheaper places to operate to the most expensive.