Latest Headlines
RESOURCE STOCKS
✕
LEADERSHIP

Albanese out as Rio posts $14B write-downs

RIO Tinto chief executive Tom Albanese has resigned and has been replaced by iron ore boss Sam Walsh after the company announced a staggering $US14 billion ($A13.3 billion) in impairments across its coal and aluminium businesses.

Kristie Batten
Albanese out as Rio posts $14B write-downs

It comes after an $8.9 billion impairment on its aluminium business in last year’s annual results, while this year’s write-down will be a further $10-$11 billion. The CEO change is effective immediately...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
RELATED ARTICLES
MORE ON THIS TOPIC

FROM OUR PARTNERS

View more
RESOURCE STOCKS

Northern Territory Copper Project Well Positioned

RESOURCE STOCKS

PolarX Strongly Backed by Gold Major

MOST POPULAR

1
CAPITAL MARKETS

Executive Outcomes: Wia, GR and more

2
MINERS

Gold Road rules out buying 'renovator's delight' mines

3
MINERS

Pilbara points to improved pricing in lithium sector as it delivers 'very solid' quarter

4
MINERS

BHP keeps nickel future in limbo amid rising met coal costs

RESEARCH

lock Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

Content
about
SOLUTIONS
legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902

Login