Rio Tinto's chairman to maintain push for diversification, FT says

theflyonthewall.com

Though Rio Tinto (RIO) has seen multiple acquisitions to diversify from its core iron ore business be written down significantly, with the latest writedown prompting the ouster of its CEO, Rio’s chairman Jan du Plessis says that the strategy remains unchanged, according to Financial Times. Among the top near term priorities for the company's new boss will be ensuring that its big development project in copper in Mongolia reaches production on schedule, the report noted.

Rates

View Comments (1)