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.
FNArena's ESG Focus news section provides updates on Environmental, Social & Governance (ESG) matters guiding investors' decisions.
The solution to this growing problem is billion-dollar desalination plants.
Author's summary: Desalination plants boost ASX stocks.