Rio Is Beating BHP In The Cost-Cutting Race Between Australia’s Mining Giants
It’s been just over a year since diversified mining majors BHP Billiton and Rio Tinto appointed new CEOs to navigate the companies out of the mining investment boom and into a cost rationalisation era.
Both Rio’s Sam Walsh and BHP’s Andrew Mackenzie took office with a game plan to rip out a combined $10 billion in costs across global operations over two years.
Read more at: http://www.businessinsider.com.au/rio-is-beating-bhp-in-the-cost-cutting-race-between-australias-mining-giants-2014-3
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