Original article by Peter Ker
The Australian Financial Review – Page: 19 : 28-Jul-16

Rio Tinto has advised that Armando Torres will succeed Andrew Woodley as CEO of Oyu Tolgoi LLC on 1 August 2016. Rio Tinto is tipped to announce further changes throughout its business in the wake of its recent move to streamline its operations into four divisions. The group’s iron ore division is expected to be among those affected by the restructuring, particularly given the success of rival Fortescue Metals Group in reducing its production costs.

CORPORATES
RIO TINTO LIMITED – ASX RIO, OYU TOLGOI LLC, FORTESCUE METALS GROUP LIMITED – ASX FMG, BHP BILLITON LIMITED – ASX BHP