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How Rio Tinto changed Australia

How Rio Tinto changed Australia

The group’s pioneering role in the Pilbara helped transform the nation through engagement with Asia. A new book reveals the full story for the first time.

Back in the early 50s, Clem Walton, a taxi driver and amateur prospector, set out with three of his sons, a local station hand and a Geiger Counter on a dry creek bed about 50 kilometres east of the Mt Isa copper mine.

As the party trod warily “the counter went off the scale”, indicating rich uranium reserves. The group pegged two mining leases, named the area Mary Kathleen after Walton’s recently deceased wife, and initiated talks with interested mining companies.

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Andrew Clark
Andrew ClarkSenior writerAndrew Clark was a senior writer at The Australian Financial Review.

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Original URL: https://www.afr.com/companies/mining/how-rio-tinto-changed-australia-20231116-p5ekig