On Monday, Rio Tinto released its annual report for 2020, a dichotomous year for the mining giant.
The company’s numbers are eye-watering, paying $US9 billion ($11.4 billion) in total dividends, up 26 per cent. Its reputation – for social performance, once the very best in the global mining industry – is decimated by the Juukan Gorge incident, and its appalling inertia in the aftermath.
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Joe Aston is the founder of Rampart and the best-selling author of The Chairman’s Lounge: The inside story of how Qantas sold us out. From 2012 to 2023, Joe helmed The Australian Financial Review’s Rear Window column. Email Joe at hello@rampart.news
