Rio Tinto hunts for dealmaking chief July 8, 2025 The news that Rio Tinto is seeking a dealmaking specialist as its new chief executive has reignited speculation about its deal-making abilities as it tries to draw a line under past mistakes in the mining industry. Chair Dominic Barton is reportedly seeking someone capable of delivering large-scale acquisitions while cutting costs and increasing productivity —a rare [...]
London Tech Week: Rio Tinto leans into UK tech to hit net zero targets June 9, 2025 The UK must invest more materials innovation and secure tech partnerships or risk being left behind in the global arms race for essential minerals needed for energy transition, mining giant Rio Tinto execs told London Tech Week. Chief executive Jakob Stausholm and chief innovation officer Dan Walker said the FTSE 100 giant is betting heavily [...]
Rio Tinto: Chief executive of FTSE 100 giant to step down May 22, 2025 Rio Tinto’s chief executive Jakob Stausholm will step down after more than four years leading the FTSE 100 mining giant, it has been announced. The London-listed firm said a “rigorous selection process” had already begun, with Stausholm remaining in the top job until a successor is found. No reason for the exit has been given. [...]
Rio Tinto shareholders reject move to ditch primary London listing May 1, 2025 Rio Tinto will keep its primary London listing after the mining giant’s shareholders voted comprehensively to reject an activist investor’s push for the firm to abandon its current dual-listed structure. More than eight in 10 shareholders voted against the motion proposed by London-based Palliser Capital, which called for a review into whether the miner should [...]
Rio Tinto hits back at ‘unfounded and misleading’ pressure to ditch London March 19, 2025 Rio Tinto has hit back at calls for it to ditch its London listing in favour of Australia, arguing that claims made by an activist investor were both “unfounded and misleading.” The mining giant holds a dual-listing in the UK capital and Sydney, but has faced pressure from investors to abandon its current set up [...]
Mining behemoths Rio Tinto and Glencore reportedly considered merger January 17, 2025 Mining giants Rio Tinto and Glencore reportedly discussed a merger last year. The two companies held discussions as late as October last year, but they didn’t progress further, as first reported by the Financial Times. A merger in full or in part of Glencore, with a market cap of £46.47bn and Rio Tinto, with £164.99bn, [...]
Rio Tinto faces renewed calls to abandon primary London listing December 4, 2024 In a letter to the board, reported by the Financial Times, Palliser Capital said Rio Tinto's dual listing in London and Sydney had been an "unmitigated failure".
Rio Tinto to buy chemical firm Arcadium Lithium in deal worth billions October 9, 2024 Rio Tinto is set to acquire the chemical producer Arcadium Lithium in a $6.7bn (£5.12bn) deal. The multinational mining behemoth announced the all-cash transaction this morning and called the acquisition of the global business a “significant step forward”. It amounts to $5.85 per share, and a premium of 90 per cent on Arcadium’s closing price [...]
FTSE 100 mining giant Rio Tinto confirms interest in Arcadium Lithium October 7, 2024 The approach comes after a sharp fall in global lithium prices, partly as a result of the economic slowdown in China and sagging demand for EVs.
Nick Ephgrave marks one year at Serious Fraud Office. How has he fared as director? September 25, 2024 A former law enforcer was appointed as the director of the Serious Fraud Office one year ago. So how has Nick Ephgrave first year gone at the anti-fraud agency?