Business
Rio ‘doubles down’ on growth after cash splash – The Australian Financial Review
Rio’s $US9 billion dividend will hog the limelight but new chief executive Jakob Stausholm also has an ambitious growth agenda.
Theres a new level of commitment on climate change, with Stausholm setting goals for Rio to reduce scope 3 emissions those created by users of its commodities including by finding ways to cut the carbon intensity of steel making by at least 30 per cent from 2030.
And then theres a new strategy built around four planks.
First, restoring Rios reputation as the best operator in the global mining sector. Second, ensuring its environmental, social and corporate governance record is impeccable. Third,…
-
Noosa News24 hours agoWhat led to the giant, damaging hail which smashed parts of Queensland over the weekend?
-
General17 hours agoMan who shot poodle in Central Coast caravan park robbery sentenced to eight years in prison
-
General6 hours agoClean-up underway after stormy weather hits, 400 calls for help in Sydney
-
Noosa News19 hours agoSale of WA’s Yeeda Pastoral Company near Broome completed, NT abattoir tipped to reopen in 2026