Rio Tinto CEO Targets Smart, Selective M&A

The video discusses Rio Tinto's strategic focus on growth through smart acquisitions and asset management. The CEO emphasizes the importance of acquiring tier-one assets and maintaining a selective approach to M&A. The company is also managing smaller assets efficiently and exploring new business opportunities, such as in the lithium sector, to support electric vehicle growth.

What is the significance of the term 'smart buy' in the context of Rio Tinto's strategy?

What new business opportunities is Rio Tinto exploring according to the text?