Rio Tinto chief executive Jakob Stausholm is at the BMO conference in Miami telling investors he is thinking about a multibillion-dollar equity raising to help settle a $US6.7 billion lithium acquisition next month.
His London-based chief financial officer Peter Cunningham is doing likewise in Sydney this week. Raising equity is one of a few ways to the funding options under consideration, he has told investors on a post-results roadshow, including a room full of sell-side analysts on Wednesday.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
