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Rio Tinto backs down on dynamic discounting

Rio Tinto says it will no longer offer suppliers an accelerated payment option after coming under intense scrutiny.

Rio Tinto backs down on dynamic discounting Rio Tinto backs down on dynamic discounting Rio Tinto backs down on dynamic discounting Rio Tinto backs down on dynamic discounting Rio Tinto backs down on dynamic discounting

Rio was asking suppliers to accept a discount on their invoices if they wanted to be paid ahead of the normal 30-day term.