Rio Tinto (RIO) +2.4% premarket, bouncing back from yesterday's loss, after chairman Jan du...

|About: Rio Tinto plc (RIO)|By:, SA News Editor

Rio Tinto (RIO) +2.4% premarket, bouncing back from yesterday's loss, after chairman Jan du Plessis tells FT the company plans to diversify from its core iron ore business despite acquisitions that caused big writedowns and the ouster of its CEO. A top near-term priority for the new boss will be ensuring that RIO's Oyu Tolgoi copper project in copper in Mongolia reaches production on schedule.