Australia, being the second driest continent in the world, is rethinking its water sources due to its dry climate.
The solution to this growing problem is billion-dollar desalination plants, 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.
FNArena reviews the desalination plant boom alongside the ASX companies poised to benefit most.
For more information, visit FNArena's ESG Focus news section.
Author's summary: Desalination plants may boost ASX stocks.