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Rio Tinto boosts spending with Aussie suppliers to over $16.1B

ASX-listed Rio Tinto has increased its expenditure with suppliers and businesses in Australia to over AUD 16.1 billion in 2023.
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.