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Tom Albanese

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Rio Tinto to raise mining spend on Asian demand

30.10.09
Rio Tinto today said it would be jacking up the amount it spends on digging copper and other metals and minerals out of the ground as demand comes on strong again from Asia ... more

Rio ups iron ore forecast

14.10.09
Mining giant Rio Tinto raised its forecast for total iron ore production by as much as 7.5%, as it reported a record third-quarter and said demand from China is still running at a strong rate ... more

Rio wary on recovery but it shrugs off China fears

20.08.09
Rio Tinto warned it remains “cautious” about the recent rally in metal prices as the mining giant tried to shrug off fears that its relations with commodities-hungry China are deteriorating ... more

Rio Tinto's peace offering rejected by angry Chinalco

11.06.09
China's spurned Chinalco metals giant has rejected an olive branch from Rio Tinto chief executive after the London-listed mining giant pulled out of the pair's alliance, it emerged today... more

Troubled Rio boss faces bonus woe

08.06.09
IT will be interesting to see whether Rio Tinto chief executive Tom Albanese is still in his job next year to claim the annual bonus that is de rigueur for top company bosses. ... more

Rio Tinto ditches Chinalco in favour of share issue

05.06.09
Rio Tinto was forced into a giveaway corporate fundraising after the collapse of its highly controversial $19.5 billion (£12.2 billion) deal with the Chinese ... more

Chinalco deal still riles top Rio shareholder

04.03.09
Major investors in Rio Tinto have rejected suggestions that support for the Chinalco deal is growing, with one top 10 investor saying shareholders were still "deeply unhappy" with the deal... more

Rio may offer notes to all shareholders

23.02.09
Mining: Debt-laden miner Rio Tinto may try to persuade irate shareholders to back a $19.5 billion tie-up with Chinalco by offering them bonds on the same terms as the Chinese company... more

Rio may offer notes to all shareholders

23.02.09
Mining: Debt-laden miner Rio Tinto may try to persuade irate shareholders to back a $19.5 billion tie-up with Chinalco by offering them bonds on the same terms as the Chinese company... more

Still time for Rio to dig its way out of this spoil heap

19.02.09
Something has gone terribly wrong at Rio Tinto. The chart of the share price looks like a spoil mountain outside one of its mines, and it has achieved the impressive feat of alienating its biggest shareholders by not asking them for money. It's now on the brink of a blunder that threatens its whole future. ... more

New blow for Rio Tinto's China deal

18.02.09
Mining: Rio Tinto's attempt to ram through a sale of up to 18% of the company to the Chinese was dealt another hammer blow... more

Rio Tinto bids to head off China deal anger

16.02.09
Mining:Rio Tinto chief executive Tom Albanese postponed a planned trip to Australia as he attempted to placate London shareholders furious at his proposed sale of up to 18% of the company to the Chinese ... more

'Speak up' is the lesson from Rio

10.02.09
One criticism heard increasingly of some of the banking boards worst-affected by the credit crisis is that, in the run-up to it, they all behaved like sheep, with no one baa-ing out of turn... more

Rio Tinto feels pain of Chinese steel slump

15.01.09
Energy: The uphill battle facing Jim Leng, the new chairman of Rio Tinto, has been underlined with the mining giant reporting one of its biggest-ever quarterly falls in iron-ore production... more

M&S slump could reignite Green’s interest in a bid

15.01.09
Could billionaire retailer Sir Philip Green be about to launch another bid for Marks & Spencer? ... more

Rio Tinto to sack 14,000 as metals demand plunges

10.12.08
Mining: London-listed mining giant Rio Tinto is to cut 14,000 jobs worldwide and slash capital expenditure by $5 billion... more

With the Rio wedding off, BP is free to hire its new chairman

26.11.08
Profile: After four decades at Shell, Paul Skinner swapped refining for mining. Now his sharp brain and calmness under fire could put him right at the top of the oil business... more

Rio flags rethink as China slows

03.11.08
Mining: Rio Tinto chief executive Tom Albanese says the economic slowdown in China is quickening and heralded lower demand until at least next year... more

World recession worry hurts Rio

15.10.08
Mining: Shares in mining firm Rio Tinto dived 9% over growing fears of a global recession... more

Rio’s boss still against BHP bid

02.10.08
Rio Tinto's Tom Albanese says the financial turmoil has not changed his opposition to BHP Billiton's all-share bid for his company which he says "manifestly" undervalues it... more

Mixed messages from Hutton

11.09.08
NOT for the first time the Government is at sixes and sevens on something. The latest subject for the shaky hand on the tiller is pay rewards... more

Rio keeps faith despite China steel slowdown

16.07.08
China steel production is expected to slow over the next few months, but global miner Rio Tinto says it has faith in long-term growth of the market... more

Rio warns offer blind to boom

16.06.08
Rio Tinto worth more than £84 billion offer because metals price may rise for another decade, says chief exec... more

Rio Tinto plugs the nickel gap

29.05.08
Mining giant Rio Tinto unveils a project that will see it enter the nickel market for the first time and close a gap in output with arch-rival BHP Billiton... more

Rio Tinto may be worth £60bn, but only on paper

08.05.08
Rio Tinto is a big business. It's so big that its arch-rival BHP Billiton wants to spend over £60 billion buying it - quite a price for any old iron (ore). ... more

Rio pledges to tackle its $45 billion mountain of borrowing

24.04.08
Mining giant Rio Tinto pledges to reduce its borrowing over the next two years... more

BHP's iron-ore record gives new stir to bid war with Rio

23.04.08
BHP Billiton unveils record iron-ore output growth figures... more

Soaring Rio keeping BHP takeover at bay

16.04.08
Mining giant Rio Tinto reveals another stellar set of production figures... more

Rio's China hope in BHP bid fight

27.03.08
Mining giant Rio Tinto is looking to China to help it underpin its defence against BHP Billiton... more

Raise bid and we'll talk, soaring Rio tells BHP

13.02.08
Mining giant Rio Tinto delivers blockbuster production figures while keeping the door open for talks with hostile suitor BHP Billiton only if it significantly improves its offer... more

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