"Mozambique is not on the divestment list at the moment,"
Walsh said, despite instituting sweeping cost-cutting
measures across its energy division. He said he was
awaiting feedback from Rio Tinto's energy boss Harry
Kenyon-Slaney before deciding on the fate of the
business. "I am hopeful that there will be an
upside," Walsh said. "It is a world-class deposit. It has
issues, but the fundamentals behind it are solid
– it’s the reason we invested
there." Rio Tinto...