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Joe Aston

Rio Tinto’s malaise years in the making

The Wallabies’ series victory over France clinched on Saturday night at Suncorp Stadium is cold comfort next to Rio Tinto’s quarterly production report, released Friday, which confirmed the extent (so far) to which the company’s era of French leadership has crippled its star operating division, its entirely Australian arm, its “cash machine”: iron ore.

Former Rio Tinto chief executive Jean-Sébastien Jacques.  David Rowe

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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

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    Original URL: https://www.afr.com/rear-window/rio-tinto-s-malaise-years-in-the-making-20210718-p58arj