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Incoming Rio Tinto head sees tough operating environment ahead

Reuters

SYDNEY (Reuters) - Global miner Rio Tinto (RIO.AX) (RIO.L) said it expects a tough macro operating environment for the foreseeable future.

"There is no doubt these are challenging times for the sector and for your company," incoming Chief Executive Jean-Sébastien Jacques told the company's annual general meeting in Australia on Thursday.

"The macro-economic environment is tough, and is likely to remain so for the foreseeable future, from whichever way you look at it," he said.

(Reporting by Sonali Paul; Editing by Richard Pullin)