Mongolia beckons in Rio's copper rebuild

JEAN-Sebastien Jacques has been a prolific seller of Rio Tinto’s tarnished silverware. And he is not done yet, with perhaps another US$4 billion in assets in less than shiny assets (Pacific Aluminium and the Canadian iron ore pellets business) expected to be given the heave- ho. By Barry FitzGerald

Mongolia beckons in Rio's copper rebuild Mongolia beckons in Rio's copper rebuild Mongolia beckons in Rio's copper rebuild Mongolia beckons in Rio's copper rebuild Mongolia beckons in Rio's copper rebuild

Rio CEO J-S Jacques underground at Oyu Tolgoi

Since January last year, JS has flogged $8.5 billion in assets, including the entire coal business. The latest deal was the widely flagged $3.