Rio CEO Jakob Stausholm has quietly engineered an impressive strategic shift inside the mining giant. Its financial results for calendar 2024 tell the story.
When you’re running a business that does $US54 billion ($85 billion) in annual revenue, $US400 million must seem like pocket change.
But for Rio Tinto chief executive Jackob Stausholm, that apparently puny amount is symbolic of the big shift inside the mining giant.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com