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Rio Tinto is to refocus on dealmaking amid concern the miner missed out on growth opportunities because of the âbaggageâ of past deal disasters, its new chair has said. Dominic Barton, a former managing partner at McKinsey who took over at Rio in May, told the Financial Times Mining Summit he felt the company had missed opportunities in recent years, in part because of fears over investorsâ reaction given its chequered past in mergers and acquisitions.
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>>> Read more: Rio Tinto seeks deals for growth
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>>> Read more: Rio Tinto seeks deals for growth
