There is additional information in the appendices to the Data Privacy Standard, including information about disclosures, trans-border data transfers, the exercise of data subject rights and how to make complaints or obtain further information relating to Rio Tinto’s processing of your personal data. These Cookies are used to provide a better user experience on the site, such as by measuring interactions with particular content or remembering your settings such as language or video playback preferences. Part 1 of this Privacy Policy contains the Rio Tinto Data Privacy Standard, which provides an overview of Rio Tinto’s approach to personal data processing. Senator Hawley finds new publisher after Capitol attack backlash The Rio Tinto chairman stated that “I would like to thank J-S for his strong leadership of the Group since becoming Chief Executive in 2016. He said the group welcomes the changes at the top of Rio Tinto, but stressed there is more to be done. The company offers aluminum, silver, molybdenum, copper, diamonds, gold, borates, titanium dioxide, salt, iron ore, and uranium. 15 February 2013: CEO discusses Q4 2012 Results - Earnings Call Transcript All call transcripts. With your consent, our website uses cookies to distinguish you from other users of our website. Rio Tinto CEO Jean-Sebastien Jacques is among three executives stepping down as a result of the blasting of the sacred Juukan Gorge site but … Critics of Rio Tinto say there is abundant evidence that the company was aware of the site's importance before the blasting. Mining giant Rio Tinto is parting ways with its chief executive as it tries to quell public anger over the company's destruction of a 46,000-year-old sacred Aboriginal site in Australia. Low $66 High $91. Cookies contain information that is transferred to your computer's hard drive. A month after the destruction in Juukan Gorge, the company issued an apology and said it would support strengthening legal protections for Aboriginal heritage sites. With the exception of the use of cookies, Rio Tinto generally does not seek to collect personal data through this website. News Rio Tinto CEO quits over Aboriginal cave destruction. It is also involved in the alumina production; primary aluminum smelting; bauxite mining; alumina refining; and ilmenite, rutile, and zircon mining, as well as provision of gypsum. Jamie Lowe is the chief executive of the National Native Title Council, which advocates for Australia's traditional owners of the land. The destruction in the Pilbara region was not illegal under Australian law, according to local media reports. By Russell Hotten 11 July 2007 • 23:41 pm . The CEO of major mining corporation Rio Tinto is stepping down after the destruction of two Aboriginal caves with 46,000 years of history in Western Australia. Lowe said in a statement. CANBERRA, Australia (AP) — Rio Tinto chief executive Jean-Sebastien Jacques will leave the Anglo-Australian mining giant by March over the destruction of Australian Indigenous sacred sites to access iron ore, the company said on Friday. A history of Rio Tinto. If you choose to subscribe to our media releases or other communications, you can unsubscribe at any time (by following the instructions in the email or by contacting us at [email protected]). Analyst recommendations Overall analyst rating. Rio Tinto's CEO Discusses Q2 2013 Results - Earnings Call Transcript Q4 2012. Current $67.01. Rio Tinto CEO Stepping Down Over Destruction Of Ancient Aboriginal Site In May, mining giant Rio Tinto blasted through two ancient rock shelters in Western Australia in order to mine iron ore. At one time, they had provided copper, gold and silver to the ancient civilisations of Greece and Rome. Like many major mining companies, Rio Tinto has historically grown through a series of mergers and acquisitions. French born Mr Jacques, who goes by JS, has been CEO of Rio Tinto since 2016. View today’s RIO share price, options, bonds, hybrids and warrants. Rio Tinto obtained permission to mine in the area in 2013, "a right which was not affected by the discovery of ancient artefacts such as stone relics, faunal remains and human hair in one of the Juukan caves a year later," Australia's ABC noted. “Rio Tinto is one of the great companies of the world with a proud Australian history,” Mr Frydenberg said on Monday. Le groupe est néanmoins présent dans de nombreux pays, sur les cinq continents, mais ses actifs miniers se concentrent principalement en Australie et au Canada. With Their Land In Flames, Aboriginals Warn Fires Show Deep Problems In Australia. During that time, he has led the best safety performance in Rio Tinto’s history, simplified the portfolio, divested the Group’s coal assets, established a clear strategy to address climate change and generated exceptional shareholder returns. This helps us to provide you with a good experience when you browse our website and also allows us to improve our site. Rio Tinto CEO Forced Out By Pressure Over Aboriginal Site Blast David Stringer and Thomas Biesheuvel 9/11/2020 U.S. The National Native Title Council's CEO Jamie Lowe has written to Rio Tinto Chairman Simon Thompson calling for an overhaul of the board and for large scale cultural change in the organisation. A survey there found the shelters had been continually occupied for 46,000 years and were one of the most significant archaeological sites in Australia. These Cookies are used by advertising companies to inform and serve personalised ads to your devices based on your interests. Friday's announcement came after "significant stakeholders have expressed concerns about executive accountability," according to the company. Rio Tinto boss under pressure over Aboriginal cave destruction Anger mounts after 46,000-year-old site blown up to extract iron ore By Ed Clowes 7 August 2020 • 6:06pm "We do fear that if this is the behaviour of a company thought to have sector-leading standards, what is the risk another Juukan Gorge-type incident will happen again, without sector-wide reforms?" A cookie is a small file of letters and numbers that we store on your browser or the hard drive of your computer if you agree. Evidence of human habitation there dates back tens of millennia. Our 2020 performance reflects the resilience of the business, and the commitment and flexibility of our employees, customers, communities and host governments. hide caption. "We are also determined to regain the trust of the Puutu Kunti Kurrama and Pinikura people and other Traditional Owners," Thomson said. That review concluded that even though the company had legal permission, its actions "fell short of the Standards and internal guidance that Rio Tinto sets for itself.". Last month, after a board review, Rio Tinto stripped the three executives of performance-related bonuses for this year. They help us know how often you come to our site and when, how long you stay and any performance issues you experience whilst you are on our site. If you choose to subscribe to our media releases or other communications, you can unsubscribe at any time (by following the instructions in the email or by contacting us). We won't process that personal data for other purposes except where required to meet our legal obligations or otherwise as authorised by law and notified to you. Dividend Summary. 2002: Rio Tinto launches a EUR 750 million 5-year-bond issue in the Euro market, marking its first transaction in euros; the company stops its incursions into aboriginal land in Queensland, Australia. "We are … But "what happened at Juukan was wrong," the company's chairman, Simon Thompson, said in a statement Friday. Rio Tinto est un groupe minier multinational anglo-australien, surtout implanté en Australie où se trouve l'un de ses deux sièges sociaux (à Melbourne, l'autre étant à Londres) et en Amérique du Nord. Average $71.20. He said Rio Tinto has so far refused to carry out an independent review of what led to the destruction — a step that the traditional owners see as critical to prevent further losses to priceless Indigenous sites. The Anglo-Australian firm blasted rock shelters in the Juukan Gorge in Western Australia's remote Pilbara region on May 24, destroying one of the earliest known sites occupied by Australia's indigenous people. The next Rio Tinto plc dividend is expected to go ex in 1 month and to be paid in 3 months. As some data privacy laws regulate IP addresses and other information collected through the use of cookies as personal data, Rio Tinto’s processing of such personal data needs to comply with its Data Privacy Standard (see Part 1 of this Privacy Policy), and also applicable data privacy laws. View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer … Mining giant Rio Tinto stripped its CEO of US$3.5 million Monday after the company destroyed a 46,000-year-old Aboriginal heritage site to expand an iron ore mine in Australia. The Juukan Gorge is in Hamersley Ranges, in Western Australia's Pilbara region. For example, as the BBC reported, "last week it was revealed that in the days running up to the caves' destruction in May, Rio Tinto hired lawyers in case opponents tried to seek injunctions to stop them.". Two other high-ranking executives, iron-ore division head Chris Salisbury and corporate relations head Simone Niven, are also leaving the company. With your consent, our website uses cookies to distinguish you from other users of our website. Led by Scottish entrepreneur Hugh Matheson, a British-European investor group buys the Rio Tinto mines in Spain in 1873, constructed new processing facilities and introduced new techniques that, from 1877-91, allow the new Rio Tinto Company to transform an operation that had once supplied the ancient Greeks and Romans into the world’s number one copper producer. After being … Richard Wainwright/AP Average $76.38. Low $63 High $81. Recommandations d'analystes Overall analyst rating. The mines were first in operation around 750BC, but in the 19th century were largely idle. The Newmont CEO spent two decades at Rio before joining one of the world’s biggest gold miners and is viewed as well-regarded by the board. The new Rio Tinto CEO will have the task of trying to restore investor confidence in its handling of environment, ... An actor’s remarkable family journey leads to making movie history… We won't process that personal data for other purposes except where required to meet our legal obligations or otherwise as authorised by law and notified to you. 1873: On 29 March, a group of British and European investors formed The Rio Tinto Company to reopen ancient copper mines beside the Rio Tinto (meaning red river) in southern Spain. These Cookies allow us to analyse site usage in order to evaluate and improve its performance. Current $61.93. Yet many of his public appearances were overshadowed by the more charismatic Jacques. A cookie is a small file of letters and numbers that we store on your browser or the hard drive of your computer if you agree. Rio Tinto has come under pressure to address the destruction of 46,000-year-old caves considered significant for Aboriginal history. "Our focus continues to rest heavily on preserving Aboriginal heritage and advocating for wide-ranging changes to ensure a tragedy like this never happens again.". MELBOURNE, Australia--(BUSINESS WIRE)-- Rio Tinto Chief Executive Jakob Stausholm said “We have delivered a strong safety and operational performance in the face of the significant global challenges of COVID-19. How we process personal data provided or obtained through this website. "We will continue to work with Rio Tinto in the aftermath of the Juukan Gorge disaster," the statement said. “Significant stakeholders have expressed concerns about executive accountability for the failings identified,” Rio Tinto said in a statement. “Rio Tinto is one of the great companies of the world with a proud Australian history,” Frydenberg told The Australian Financial Review. In May, the company blasted through two rock shelters in Juukan Gorge in Western Australia in order to mine iron ore. However if you choose to provide personal data to Rio Tinto through this website (for example, by sending us an email), we will process that personal data to answer your query and if relevant, to manage our business relationship with you or your company. Pentwater Issues Open Letter to Rio Tinto Board Outlining Its History of Inexcusable Corporate Governance and Oppressive Actions . Cookies contain information that is transferred to your computer's hard drive. Bengaluru — Rio Tinto named CFO Jakob Stausholm as its next CEO on Thursday, defying expectations it would pick an external candidate to … We produce iron ore for steel, aluminium for cars and smart phones, copper for wind turbines, diamonds that set the standard for “responsible”, titanium for household products and borates for crops that feed the world, Rio Tinto is a mining and metals company operating in about 36 countries around the world, We produce materials essential for human progress, Iron ore, one of the most abundant metals on Earth, is the primary raw material used to make steel, We work in about 36 countries – in mines, smelters and refineries, as well as in sales offices, data centres, research and development labs, In the Pilbara region of Western Australia, we own an integrated portfolio of iron ore assets: a world-class, integrated network of 16 mines, We work hard to leave a lasting, positive legacy everywhere we work, We believe that greater transparency and accountability helps build trust and encourages sustainable business practices across our industry, We aim to deliver superior returns to our shareholders while safeguarding the environment and meeting our obligations to wider society, Fourth Quarter Operations Review 2020 released, Discover the work we're doing with innovation, communities and our employees, From underground miners to data scientists, we want your hard work, dedication and outside-the-box thinking. Protesters rallied outside the Rio Tinto office in June in Perth, Australia, after the destruction of Indigenous heritage sites the month before. He’s seen as a more personable and collaborate executive than his predecessor, and is well liked within the company. 1,855 people own Rio Tinto Plc on Robinhood Powered by Robintrack. Protesters rallied outside the Rio Tinto office in June in Perth, Australia, after the destruction of Indigenous heritage sites the month before. As some data privacy laws regulate IP addresses and other information collected through the use of cookies as personal data, Rio Tinto’s processing of such personal data needs to comply with its Data Privacy Standard (see Part 1 of our Privacy Policy), and also applicable data privacy laws. Tackling Emissions Across our Value Chain. 1,855 people own Rio Tinto Plc on Robinhood Fourni par Robintrack. The sites' demolition sparked outcry and intense pressure from shareholders. 15 February 2013: CEO discusses Q4 2012 Results - Earnings Call Transcript All call transcripts. Rio Tinto CEO Jean-Sebastien Jacques...speaking at a federal inquiry reignites tensions between Mr Jacques and his predecessor Sam Walsh. However if you choose to provide personal data to Rio Tinto through this website (for example, by sending us an email), we will process that personal data to answer your query and if relevant, to manage our business relationship with you or your company. The Puutu Kunti Kurrama and Pinikura Aboriginal Corporation released a statement saying their people had no comment on the executive shakeup, ABC reported. The previous Rio Tinto plc dividend was 119.74p and it went ex 6 months ago and it was paid 4 months ago. Dividends Ex-dividend date N/A … This helps us to provide you with a good experience when you browse our website and also allows us to improve our site. Price target. With the exception of the use of cookies (explained below), Rio Tinto generally does not seek to collect personal data through this website. Price target. Jean-Sébastien Jacques, the company's chief executive and executive director, will depart by "mutual agreement," Rio Tinto said. There are typically 2 dividends per year (excluding specials), and the dividend cover is approximately 1.6. Rio Tinto (NYSE: RIO) expenses have trended steadily lower from around $29.0 billion in 2016 to about $26.6 billion in 2018. "We are determined to ensure that the destruction of a heritage site of such exceptional archaeological and cultural significance never occurs again at a Rio Tinto operation.". Rio Tinto's CEO Discusses Q2 2013 Results - Earnings Call Transcript Q4 2012. Since joining Rio two years ago, the new CEO has kept a relatively low profile among the investment community. 1997: RTZ-CRA Group changes its name to Rio Tinto PLC and headquarters are established in London; and Sir Robert Wilson is appointed as chairman. He'll remain in the role until a replacement is found or by March 31, whichever comes first. These Cookies also facilitate sharing information with social networks or recording your interactions with particular ads. Rio Tinto Group engages in finding, mining, and processing mineral resources worldwide. Dividend was 119.74p and it went ex 6 months ago and it was paid 4 months ago and went... Advertising companies to inform and serve personalised ads to your computer 's hard drive ' demolition sparked outcry and pressure., whichever comes first first in operation around 750BC, but in the aftermath of the world with good... We process personal data provided or obtained through this website head Simone,... 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