Original article by Matt Chambers
The Australian – Page: 19 & 30 : 25-Nov-16
CEO Jean-Sebastien Jacques used Rio Tinto’s investor presentation on 24 November 2016 to reveal that the resources giant will launch a revised mission statement in January 2017. He said the "vision and values" statement will reflect the miner’s "higher purpose" rather than focusing on shareholder value. Jacques also stressed the importance of Rio Tinto’s code of conduct, particularly in the wake of the payments scandal concerning the Simandou iron ore project. Jacques also aims to lift annual cash flow by at least $US5bn over the next five years.
CORPORATES
RIO TINTO LIMITED – ASX RIO, CITIGROUP PTY LTD