How a shake-up could unlock $40b for Rio Tinto investors
BHP cleaned up its outdated corporate structure and can now do things like bid for Anglo American. There is pressure building on Rio Tinto to consider doing the same.
There’s an investor push building at Rio Tinto; you can feel it.
The miner makes most of its earnings in Australia’s Pilbara. It has made significant steps to improve relationships with government, traditional owners, employees and even shareholders since the Juukan Gorge andworkplace culture undoings. But there’s a lot more work to be done.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
