Rio buy back lifts miner splurge to $11.5 billion

By Darren Gray
Updated September 23 2017 - 1:33am, first published 1:27am

Cashed-up miner Rio Tinto has pleased the market and surprised some analysts by announcing a $US2.5 billion ($A3.15 billion) share buyback to distribute funds from the sale of its Coal & Allied business.

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