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Pin to quick picksRio Tinto Share News (RIO)

Share Price Information for Rio Tinto (RIO)

London Stock Exchange
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Share Price: 6,135.00
Bid: 6,126.00
Ask: 6,129.00
Change: -169.00 (-2.68%)
Spread: 3.00 (0.05%)
Open: 6,275.00
High: 6,303.00
Low: 6,106.00
Yest. Close: 6,304.00
RIO Live PriceLast checked at -

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Rio Tinto CEO to quit after Aboriginal cave demolition

Fri, 11th Sep 2020 07:01

(Sharecast News) - Rio Tinto chief executive Jean-Sébastien Jacques has resigned after the company's board yielded to shareholder pressure over the destruction of sacred 46,000-year-old rock shelters in Western Australia.
Rio Tinto said Jacques was leaving "by mutual agreement". Two other executives, head of iron ore Chris Salisbury, and corporate affairs head Simone Niven, are also leaving, the company said on Friday.

The world's biggest miner sparked outrage after destroying the ancient Juukan Gorge sites in May despite the opposition of Aboriginal traditional owners - the Puutu Kunti Kurrama and Pinikura people.

The caves had shown evidence of continuous human habitation dating back 46,000 years and sat above about eight million tonnes of high-grade iron ore, with an estimated value of £75m.

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