Equity raising an option: Rio

MINING heavyweight Rio Tinto says it will not rule out the potential for an equity raising as it looks to reduce debt by $US10 billion ($A15 billion) by the end of 2009.

Equity raising an option: Rio Equity raising an option: Rio Equity raising an option: Rio Equity raising an option: Rio Equity raising an option: Rio

Rumours have been circling that Rio has been mulling over the possibility of raising up to $6 billion in equity.