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Rio Tinto's new boss rules out spinoff, sale of unloved assets

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Mr Jacques, aged 44, is the youngest chief executive in Rio's 143-year history, and the first born in France.

Sydney

RIO Tinto will keep a newly formed division that includes troublesome coal and uranium assets, its newly appointed chief executive said, brushing off expectations that it would consider a spinoff and eventual sale.

BHP Billiton last year separated and listed South 32, a