Jan du Plessis
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Rio Tinto posts unprecedented $2.99 bn loss
Feb 14, 2013 05:12 EST
Anglo-Australian mining titan Rio Tinto posted its first annual loss in 18 years Thursday, plunging US$2.99 billion into the red on hefty writedowns on its Mozambique coal and aluminium businesses.
Rio Tinto chief resigns after shock $14 bn charge
Jan 17, 2013 08:34 EST
The head of Rio Tinto, Tom Albanese, resigned on Thursday after the global mining giant announced a $14-billion (10.5-billion-euro) write-down on its Mozambique coal assets and ailing aluminium business.
Rio Tinto writes down $14 bln, CEO resigns
Jan 17, 2013 03:26 EST
Anglo-Australian mining giant Rio Tinto on Thursday announced a $14 billion write-down on its Mozambique coal assets and ailing aluminium business, prompting its chief executive to resign.
UK business leaders warn Cameron on risks of EU exit
Jan 09, 2013 08:37 EST
Major British business figures warned Prime Minister David Cameron on Wednesday that the renegotiation of the country's relationship with Europe could risk its exit from the EU, with "damaging" consequences for the economy and businesses.
Rio first half profit down on commodity price fall
Aug 08, 2012 05:41 EDT
Anglo-Australian mining giant Rio Tinto blamed falling commodity prices Wednesday for a 22 percent slide in net profit for the first half to US$5.9 billion on-year, but was upbeat about long-term demand.
Rio warns of headwinds despite strong output
Jul 17, 2012 05:20 EDT
Global mining giant Rio Tinto said Tuesday it achieved record iron ore production and strong steelmaking coal output in the first half of 2012, but warned of significantly weakening conditions.
Rio Tinto chief dismisses China 'doom'
May 24, 2012 03:01 EDT
Global mining giant Rio Tinto said it was not worried by talk of China's economy slowing and would press ahead with plans to expand its iron ore business, saying signs were robust on the ground.
Rio Tinto: world outlook better, demand to double
May 09, 2012 22:46 EDT
Rio Tinto chairman Jan du Plessis said Thursday he was more confident about the global outlook than he was six months ago, with demand for commodities expected to double over the next 20 years.
Rio Tinto profits slump 59% on aluminium writedown
Feb 09, 2012 05:20 EST
Anglo-Australian mining giant Rio Tinto on Thursday unveiled a 59 percent slump in annual net earnings to $5.8 billion and its chief refused his bonus due to write-offs from its aluminium business.
Rio Tinto earnings down 59% on aluminium writedown
Feb 09, 2012 03:37 EST
Anglo-Australian mining giant Rio Tinto on Thursday unveiled a 59 percent slump in annual net earnings to $5.8 billion and its chief refused his bonus due to write-offs from its aluminium business.
Rio Tinto earnings down 59% on aluminium
Feb 09, 2012 02:02 EST
Anglo-Australian mining giant Rio Tinto on Thursday unveiled a 59-percent slump in annual net earnings to $5.8 billion and its chief refused his bonus due to write-offs from its aluminium business.
Rio Tinto dividend surprise masks aluminum hit
Feb 09, 2012 01:40 EST
MELBOURNE (Reuters) - Global miner Rio Tinto <RIO.AX> reported a 6 percent drop in underlying second-half profits and took a $9.3 billion charge mainly against its aluminum business, but appeased investors with a huge dividend hike, underscoring its long-term confidence.
Top businessmen urge UK to stay at heart of EU
Dec 20, 2011 05:57 EST
A group of top businessmen said on Tuesday that Britain should do all it can to ensure the viability of the euro and remain closely involved in EU decision making to protect the single market.
Rio Tinto books record $7.6 bn H1 earnings
Aug 04, 2011 04:55 EDT
Mining giant Rio Tinto posted record first-half earnings Thursday as net profit hit US$7.6 billion due to strong Asian demand for its commodities but it warned of debt headwinds from Europe and the US.
BHP Billiton sees fragile global economy near-term
May 09, 2011 05:22 EDT
MELBOURNE (Reuters) - Top global miner BHP Billiton <BHP.AX> sees the global economy remaining fragile in the near term and warned that economic growth could slow in the medium term, echoing recent comments from rival Rio Tinto <RIO.AX>.
Rio Tinto says no need to rush emissions tax
Apr 30, 2011 03:26 EDT
Mining giant Rio Tinto weighed into the debate over Australia's proposed carbon emissions tax Saturday, urging Canberra not to rush into a decision while major polluters such as China and the United States held back.
Rio Tinto 2010 profits almost triple
Feb 10, 2011 07:51 EST
Global mining giant Rio Tinto revealed Thursday that annual net profits almost tripled on the back of booming commodities prices and rapid growth in emerging markets.
Rio says no 'final decisions' over troubled iron ore merger
Oct 06, 2010 13:11 EDT
Mining giant Rio Tinto Wednesday denied making any "final decisions" on its controversial iron ore merger with BHP Billiton, as the massive deal appeared on the brink of collapse.
Rio Tinto seen poised to scrap iron ore jv with BHP
Oct 06, 2010 06:37 EDT
SYDNEY (Reuters) - Global miner Rio Tinto <RIO.AX> looked set to abandon its $116 billion iron-ore joint venture with rival BHP Billiton <BHP.AX>, a deal unpopular with customers, regulators and many of Rio Tinto's own investors.
Rio: no 'final decisions' over iron ore merger
Oct 05, 2010 23:53 EDT
Mining giant Rio Tinto Wednesday denied making any "final decisions" on its controversial iron ore merger with BHP Billiton, as the massive deal appeared on the brink of collapse.
