Tag «Rio Tinto chief executive Sam Walsh»

Rio Tinto appoints new chief executive of Aluminium business

Rio Tinto has appointed Alfredo Barrios as chief executive of its Aluminium business. He will succeed Jacynthe Cote who will leave the business for personal reasons to pursue other interests. Alfredo will assume the role on 1 June 2014 and join the Executive Committee on this date. He will be based in Montreal, subject to …

Rio Tinto unveils latest Mine of the Future™ innovation

13 March 2014 Rio Tinto today launched a new phase of its industry-leading Mine of the Future™ technology and innovation programme that is driving greater value by optimising the performance of key international copper and coal operations. The Processing Excellence Centre (PEC) in Brisbane, Australia is a world-first, state-of-the-art facility that enhances monitoring and operational …

Rio Tinto announces a 10 per cent increase in underlying earnings to $10.2 billion and 15 per cent increase in full year dividend

Rio Tinto chief executive Sam Walsh said “These strong results reflect the progress we are making to transform our business and demonstrate how we are fulfilling our commitments to improve performance, strengthen the balance sheet and deliver greater value for shareholders.  We have achieved underlying earnings of $10.2 billion, exceeded our cost reduction targets and …

Rio Tinto: Senior management changes

Rio Tinto has appointed Greg Lilleyman as the new group executive, Technology & Innovation (T&I) following the retirement of Preston Chiaro at the end of March 2014. Greg’s appointment is effective from 1 January 2014. Preston Chiaro joined Rio Tinto in 1991 as vice president, Technical Services, at Kennecott Utah Copper’s Bingham Canyon mine. Since …

Rio Tinto is delivering on its commitment to create greater value for shareholders

Rio Tinto will demonstrate strong progress and performance against its commitment of delivering greater value for shareholders at its investor seminar in Sydney today. In addition to presenting results achieved year-to-date, the company will outline what it is doing to capitalise on long-term attractive industry fundamentals. There will be an in-depth look at its Aluminium, …

Rio Tinto announces strong third quarter production results

Rio Tinto chief executive Sam Walsh said “We achieved strong production results in the third quarter, with copper volumes up as Oyu Tolgoi ramps up to full capacity and Kennecott continues to recover ahead of expectations. Productivity improvements in our Australian operations led to record quarterly thermal coal production. In iron ore, we achieved record …

Rio Tinto: Second quarter 2013 operations review

Rio Tinto chief executive Sam Walsh said “A new milestone was reached in Mongolia, with the Oyu Tolgoi copper-gold mine making its first shipment of copper concentrate to China. Our iron ore operations continue their impressive performance, with period on period productivity improvements. One of our key priorities this year is to deliver our growth …