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Sustainability looms as the new ‘black swan’

IN mid-December, with the world in the firm grip of the downturn and the prospect of an even tighter squeeze in 2009 looming large, Rio Tinto's Sam Walsh told guests at the iron ore miner's subdued end-of-year drinks that the measure of a good company was not how it performed in the good times but how it responded to the bad.

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