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News Articles for "Tom Albanese"

  • Rio Tinto shedding jobs, assets in cost-cutting drive

    Mining giant Rio Tinto is moving ahead with plans to reduce staff and sell assets amid efforts to reduce operating costs by $US5 billion over the next two ...

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  • Rio Tinto posts first loss, pays no mining tax

    Rio Tinto has posted its first loss under its current corporate structure after recently writing $US14.4 billion off the value of some of its assets....

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  • Citi sees benefit from Rio Tinto shakeup

    Citi sees benefit from Rio Tinto shakeup

    Citi analyst Heath Jansen upgraded his rating on mining giant Rio Tinto PLC, saying Thursday's company shakeup could help it in the long term. THE OPINION:...

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  • Analysts shocked by Rio chief's sudden departure

    Analysts shocked by Rio chief's sudden departure

    Analysts were caught off guard by the departure of Rio Tinto boss Tom Albanese after the company announced billions of dollars in writedowns....

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