Australia, being the second driest continent in the world, is rethinking its water sources due to its dry climate.
The country's need for a solution has led to a boom in billion-dollar desalination plants.
Companies like RIO TINTO LIMITED, part of the ASX20, ASX50, ASX100, ASX200, ASX300, and ALL-ORDS, may benefit from this trend.
The solution to this growing problem is billion-dollar desalination plants.
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Author's summary: Desalination plants may boost ASX stocks.