Australia, being the second driest continent in the world, is rethinking its water sources due to its dry climate.
This has led to a focus on desalination plants as a solution to the growing water problem, with billion-dollar investments.
Companies like RIO TINTO LIMITED, part of the ASX20, ASX50, ASX100, ASX200, ASX300, and ALL-ORDS, are poised to benefit from this trend.
FNArena's ESG Focus news section provides updates on Environmental, Social & Governance (ESG) matters guiding investor decisions.
The solution to this growing problem is billion-dollar desalination plants.
Author's summary: Desalination plants may boost ASX stocks.