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Jakob Stausholm

This Month

Sportsbet CEO Barni Evans with former second-in-command Tania Abbotto at the parliamentary inquiry into online gambling.

Death of DEI won’t stop Sportsbet’s Barni Evans

Australia’s largest online gambling company seems intent on rainbow washing away the misery.

  • Mark Di Stefano

December 2024

 The Lottery Corporation’s Sue dan der Merwe, Telstra chief executive Vicki Brady and Xero’s Sukhinder Singh Cassidy.

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. 

  • James Thomson and Anthony Macdonald
Rio Tinto is expected to start producing lithium from its Rincon project in Argentina before the end of 2028.

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.

  • Elouise Fowler and Mark Wembridge
Rio Tinto chief executive Jakob Stausholm.

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.

  • Peter Ker

October 2024

Jakob Stausholm has pressed the button on his big lithium bet.

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.

  • James Thomson
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Mt Cattlin mine in Western Australia.

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.

  • Jennifer Hewett
Jakob Stausholm sniffs are bargain in the lithium sector.

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. 

  • James Thomson

September 2024

Is Andrew Forrest using the right tactics to persuade other miners to join his no-emissions crusade?

Fortescue puts words in Rio’s mouth

If any Rio Tinto shareholders think their usually understated chief is sounding a lot like Andrew Forrest, well, they’d be right.

  • Updated
  • Myriam Robin
Ranger uranium mine rehab project in the Northern Territory

Uranium mine shareholders try to delay Rio Tinto capital raise

The Takeovers Panel confirmed two of the uranium miner’s shareholders are trying to delay an $880 million capital raise backed by major shareholder, Rio Tinto. 

  • Elouise Fowler
Rio Tinto’s CEO Jakob Stausholm opened the door to the class action vultures.

Class action skewers Rio Tinto’s Bougainville redemption

A secretive company is disrupting efforts to finally make amends for the environmental devastation caused by its copper mine in Bougainville some 30 years ago.

  • Tony Boyd

August 2024

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Rio Tinto poised to take control of uranium project clean-up

Rio Tinto is attempting to end decades of disputes with minority investors, traditional owners and governments over the project in the Northern Territory.

  • Elouise Fowler

July 2024

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Inflation picks up; 600 Rex jobs at risk; Navy’s ‘criminal price tag’

Read everything that’s happened in the news so far today.

Jakob Stausholm has overseen a solid recovery in Rio since arriving in 2021.

Spluttering China the big risk to Rio Tinto’s new growth era

Rio boss Jakob Stausholm says the miner is at a growth inflection point and is relaxed about China’s apparent weakness. But sentiment towards resources is souring. 

  • James Thomson
Australia’s highest-paid CEOs include Greg Goodman (Goodman Group), Shemara Wikramanayake (Macquarie), Mike Henry (BHP), and Matt Comyn (CBA).

Who are the highest paid ASX 200 CEOs?

New research shows that ASX 100 CEOs earn on average 50 times more than the average Australian adult.

  • Hannah Wootton

June 2024

Ray David, of Blackwattle Investment Partners, says Rio Tinto’s dual-class structure is antiquated.

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.

  • Anthony Macdonald
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Deshnee Naidoo: “We are always taken back to the way things were rather than where they need to go.”

Mining’s push for gender diversity threatened by ‘Andrew Tate’ effect

A belief that women are being promoted based on gender, not ability, has permeated to middle management and board level, according to some female leaders.

  • Harry Dempsey
Behold Twiggy: far right, bottom row.

Twiggy’s hot air always seems to pass muster

The wind farm Apple walked away from now has environmental approval, having promised to destroy a little less of a koala habitat.

  • Updated
  • Myriam Robin

May 2024

Rio Tinto CEO Jakob Stausholm says collapsing the DLC is not a priority.

Time for Rio Tinto dual-listing rethink with Anglo American in play

Trading the spread between the value of Rio Tinto’s dual-listed London and Australian shares is usually the province of specialist arbitrage funds. But BHP’s tilt at Anglo American has it back in focus.

  • Jemima Whyte
CEOS

OECD warns sticky inflation means rates higher for longer

The warning came as CEOs deliver upbeat assessment of the economy and financial markets push out expectations for rate cuts to May or June 2025, potentially after the next federal election.

  • Ronald Mizen, James Eyers, Lucas Baird, Simon Evans, Tess Bennett and Carrie LaFrenz

Rio Tinto chairman quiet on Anglo bid, eyes copper profits

Dominic Barton would not comment on whether the company was considering making a rival bid for Anglo American.

  • Tess Bennett

Original URL: https://www.afr.com/person/jakob-stausholm-6fiz