Tag «Rio Tinto»

Rio Tinto committed to materially increase cash returns to shareholders in a sustainable way

Rio Tinto today demonstrated how its superior portfolio of world-class operations, with industry-leading EBITDA margins and significant growth potential, are positioned to generate healthy free cash flow and shareholder returns. Citing sector-leading tier one assets, a relentless focus on financial discipline, and an operating and commercial expertise framed by a culture of safety and integrity, …

Rio Tinto on track to deliver sustainable returns to shareholders

Rio Tinto’s transformation into a more streamlined, accountable business is gathering momentum, with a promise for sustainable cash returns to be delivered to shareholders next year. At an investor seminar in Sydney, Rio Tinto also underlined its commitment to capital discipline and shareholder value, confirming it will focus only on the projects with the highest …

Megan Clark AC to join the Rio Tinto board

The Rio Tinto board announced today that Megan Clark AC will join the board as a non-executive director with effect from 20 November 2014. Dr Clark has had an extensive career in both the private and public sector in Australia, combining expertise in the metals and mining business with high-level experience in science, research and …

Rio Tinto celebrates Indian wedding season with new jewellery collections

19 November 2014 Rio Tinto’s flagship diamond jewellery initiative in India, Nazraana™, has celebrated the arrival of seven newly launched collections in a unique Indian wedding procession. On the eve of the much awaited India wedding season, an exotic wedding procession known as a “baraat”, has delivered the diamond jewellery collections to the Reliance Jewels’ …

Rio Tinto and Sinosteel sign Heads of Agreement for Channar JV further extension discussions

Rio Tinto and Sinosteel Corporation today announced their intention to advance discussions for a second extension to the Channar Mining iron ore joint venture in Western Australia’s Pilbara region. This followed the signing of a Heads of Agreement at Parliament House in Canberra today by Rio Tinto chief executive Sam Walsh and Sinosteel Corporation president …

Rio Tinto launches diamond jewellery television campaign in India

30 October 2014 Rio Tinto has released its latest television campaign to support Nazraana™, its flagship diamond jewellery initiative in India. The Nazraana™ brand takes its reference from royal gift giving rituals of past eras and comprises collections of diamond jewellery gifts for all celebratory occasions. Rio Tinto Diamonds India representative office manager Vikram Merchant …

Rio Tinto extends the tenure of senior executive team

The Rio Tinto board has extended the tenure of chief executive Sam Walsh and chief financial officer Chris Lynch, providing a strong endorsement of their leadership, the Group’s strategy and its focus on driving shareholder value. Rio Tinto chairman Jan du Plessis said “For quite some time, Sam has made no secret of the fact …

Rio Tinto completes sale of Rio Tinto Coal Mozambique

Rio Tinto has completed the sale of Rio Tinto Coal Mozambique to International Coal Ventures Private Limited following the fulfilment of all conditions precedent and receipt of the necessary regulatory approvals. The sale, announced on 30 July 2014, comprises the Benga mine and other coal projects in the Tete province of Mozambique.  Rio Tinto’s other …