Tag «Chris Lynch»

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: Statement regarding press speculation

The board of Rio Tinto notes the recent press speculation regarding a possible combination of Rio Tinto and Glencore. The Rio Tinto board confirms that no discussions are taking place with Glencore. In July 2014, Glencore contacted Rio Tinto regarding a potential merger of Rio Tinto and Glencore. The Rio Tinto board, after consultation with …

Rio Tinto agrees sale of Eagle project

Rio Tinto has reached a binding agreement to sell its Eagle project to Lundin Mining Corporation for an estimated US$325 million in cash. This transaction is expected to close in the third quarter of 2013 and is subject to regulatory approval. The Eagle project in the Upper Peninsula of Michigan in the United States includes …