Rio Tinto names iron ore division chief Simon Trott as next CEO
Rio chairman Dominic Barton announced Trott as the successor to incumbent Jakob Stausholm on Tuesday afternoon, saying he and the board agreed that the company could unlock 'significant value' from its existing portfolio by improving operational performance and lowering costs.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Sky News AU
26 minutes ago
- Sky News AU
‘Lack of a real plan': Labor's push for renewable energy is making us poorer
The Australian Associate Editor Graham Lloyd discusses Labor's push for renewable energy. 'The sobering thing is, large as that number is, that is only a tiny fraction of what is going to be required to deliver on what is being promised,' Mr Lloyd told Sky News host Danica De Giorgio. 'If there is a criticism … it's the lack of a real plan at the outset, and the lack of any cost benefit analysis that went with it.'

Sky News AU
26 minutes ago
- Sky News AU
China is regarded as a ‘developing country' and has ‘no obligation' to cut CO2 emissions
Australian Associate Editor Graham Lloyd says China's emissions profile is so large that anything Australia can implement is 'immediately swallowed up.' 'The very core of those meetings is this ethic that there must be different treatment for developing and developed countries,' Mr Lloyd told Sky News host Danica De Giorgio. 'China is still regarded as a developing country, and therefore it has no obligation to cut its carbon dioxide emissions. 'The size of their economy and emissions profile is so great that anything that's done in Australia is immediately swallowed up.'

Sky News AU
2 hours ago
- Sky News AU
‘Us or them, Prime Minister?': Albanese under pressure amid Aus-China Annual Leaders' meeting
Sky News host Peta Credlin discusses Prime Minister Anthony Albanese's talks with Chinese officials amid the Australia-China Annual Leaders' Meeting. 'Back to Beijing for a moment, the PM was able to avoid discussing the Port of Darwin because, he says, it wasn't raised in his meeting with the Chinese president,' Ms Credlin said. 'But it seems that his Chinese hosts were running a bit of a 'good cop, bad cop' routine, with Xi Jinping mostly inscrutable Chinese sweetness and light, and the tough stuff mostly left for Anthony Albanese's direct counterpart, China's Number Two, Lee Chung. 'Clearly, this was a rebuke of our policies on foreign investment, especially on any business with links to the Chinese Communist Party. 'Either he honours his election commitment to restore the Port of Darwin to Australian ownership, or he looks like he's caved in to the communist Chinese. 'So, what's it to be – us or them, Prime Minister?