This Month
Top executives see take-home pay stagnate amid golden parachute slump
News Corporation’s Robert Thomson has the highest realised remuneration, according to research commissioned by superannuation funds that calculates real pay.
Rio Tinto’s $20b Pilbara investment wave is just getting started
Even with Australia’s higher labour costs and new industrial relations laws, the Pilbara is likely to remain the lowest cost source of new iron ore at scale.
Rio Tinto finds its mega-mine stuck between two Mongolian strongmen
From accusations of corruption to warring political factions, the resources giant faces big headwinds building the world’s fifth-biggest copper mine.
May
Next Rio Tinto chief urged to extend push to ‘challenging’ frontiers
Rio Tinto is facing a hostile government in Mongolia and a military junta in Guinea, but this vocal shareholder wants the frontier push to continue.
Mongolia accuses Rio Tinto of bribery in explosive secret lawsuit
The toxic relationship between the mining giant and officials in Ulaanbaatar has been revealed in new allegations filed with the British High Court.
Rio board pushed CEO Jakob Stausholm to quit mining giant
Investors said the iron ore major should not look for a “big personality” as the company considered who would replace the businessman later this year.
Rio, Fortescue chief executives to exit in global mining sector shock
Jakob Stausholm said he would leave Rio Tinto at the end of the year, a resignation followed an hour later by Fortescue’s co-chief executive Mark Hutchinson.
Rio Tinto defeats activist hedge fund push to axe dual listing
The miner’s board has won its months-long battle with Palliser Capital after shareholders voted down its proposal.
April
Hedge fund uses ‘independent journalist’ in fight with Rio Tinto
In the battle to unify Rio’s dual-company structure – or not – the fine print is doing some heavy lifting.
February
Rio Tinto’s big equity-raising alert falls on deaf ears
The mining giant’s usually direct boss is thinking about raising equity. Investors are a bit dismissive. Are they overthinking it?
Iron ore hunger drove Japan’s monumental $8.4b Pilbara buy
Japanese firms have spent more than $10 billion on Australian iron ore and coal mines in the past six months as geopolitical and commercial ties converge.
Rio Tinto just pulled off a little miracle
Rio CEO Jakob Stausholm has quietly engineered an impressive strategic shift inside the mining giant. Its financial results for calendar 2024 tell the story.
The ASX boss most exposed to Trump lands in DC this week
Markets and politicians are tying themselves in knots trying to figure out Trump’s next move. But one ASX giant is uniquely exposed to the new administration.
January
Death of DEI won’t stop Sportsbet’s Barni Evans
Australia’s largest online gambling company seems intent on rainbow washing away the misery.
December 2024
The simple ways top CEOs find balance in their lives
The first step to achieving work/life balance is realising how hard it is. These bosses have some easy tips to start with.
Rio Tinto sinks $3.9b into Argentina lithium project
Rio Tinto has doubled down on its lithium bet with a big investment in its Rincon lithium brine project, months after agreeing to buy Arcadium Lithium.
Rio Tinto rules out unification, mulls ASX share issuance
Rio Tinto boss Jakob Stausholm says he wants to bolster the Australian side of the dual-company structure, not unify it with the British side.
October 2024
Why Rio Tinto wants to be a new cornerstone for the lithium sector
Rio Tinto CEO Jakob Stausholm argues the miner’s long-term investment approach and sheer size can help stabilise the volatile lithium market.
Why Australian miners are feeling anxious
The market and the miners were primed for good news from Beijing but they didn’t get it. Now it’s back to basics – or bids like Rio Tinto’s for Arcadium.
Rio tilt at Arcadium is a decades-long bet on lithium
Rio Tinto can sniff a bargain in beaten-down miner Arcadium. But the sector remains divisive, and investors won’t want CEO Jakob Stausholm to overpay.