Quenching Growth: How New Desalination Plants Could Boost ASX Stocks
Australia, being the second driest continent in the world, is rethinking its water sources due to its dry climate.
The country's water crisis has led to a billion-dollar desalination plant boom, which could benefit ASX companies, including RIO TINTO LIMITED.
Australia has a dry climate, making it the second driest continent in the world, prompting the country to rethink how it sources its most essential resource: water.
- RIO TINTO LIMITED is among the companies that could benefit from the desalination plant boom.
- The company is included in ASX20, ASX50, ASX100, ASX200, ASX300, and ALL-ORDS.
FNArena's ESG Focus news section provides updates on Environmental, Social & Governance (ESG) matters guiding investors' preferences and decisions globally.
Author's summary: Desalination plants may boost ASX stocks.
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