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Rio Tinto inks executive training agreement with Chinese commission

Rio Tinto said June 8 that it signed a memorandum of understanding with China's State-owned Assets Supervision and Administration Commission, or SASAC, to develop executive training for central state-owned enterprises.

Both Rio Tinto and SASAC will work together to develop a program to share best practices in areas including stakeholder engagement, license to operate, and environmental and economic assessments.

SASAC is the Chinese governing body responsible for supervising and managing the country's state-owned enterprises.