Business
Rio Tinto told to lift ‘Australian profile’ in board shake-up – Sydney Morning Herald
The exit of Rio Tinto’s chairman has renewed investor demands for greater Australian presence on the board of the world’s second biggest miner.
Rigorous board oversight and governance will be crucial to achieving future progress in this regard, she said.
Rio Tinto, which is dual-listed on the Australia and London stock exchanges, has faced criticism from investors and politicians for years amid accusations it has been disengaged from Australia, where its iron ore operations make up more than 90 per cent of the groups profit.
In the months following the blasting of the Juukan Gorge site, Mr Thompson and his board became the target of an…
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