Dubai Telegraph - Rio Tinto's recent scandals

EUR -
AED 3.849531
AFN 71.26801
ALL 97.489577
AMD 407.133958
ANG 1.888735
AOA 957.394851
ARS 1052.235814
AUD 1.609184
AWG 1.889117
AZN 1.791112
BAM 1.948361
BBD 2.11583
BDT 125.23708
BGN 1.955359
BHD 0.395016
BIF 3036.735477
BMD 1.048054
BND 1.408323
BOB 7.241353
BRL 6.093912
BSD 1.047904
BTN 88.545444
BWP 14.307376
BYN 3.429805
BYR 20541.851716
BZD 2.112535
CAD 1.464126
CDF 3007.913807
CHF 0.929383
CLF 0.036979
CLP 1020.374446
CNY 7.58351
CNH 7.604227
COP 4600.169523
CRC 532.71786
CUC 1.048054
CUP 27.773422
CVE 110.700709
CZK 25.372333
DJF 186.259983
DKK 7.459244
DOP 63.303486
DZD 140.007168
EGP 52.063095
ERN 15.720805
ETB 129.33436
FJD 2.406641
FKP 0.827247
GBP 0.832107
GEL 2.855927
GGP 0.827247
GHS 16.611633
GIP 0.827247
GMD 74.411853
GNF 9044.703289
GTQ 8.090113
GYD 219.262881
HKD 8.156703
HNL 26.384765
HRK 7.476038
HTG 137.59468
HUF 411.518243
IDR 16686.95315
ILS 3.893142
IMP 0.827247
INR 88.546488
IQD 1373.47432
IRR 44128.299527
ISK 146.119923
JEP 0.827247
JMD 166.434573
JOD 0.743174
JPY 161.922177
KES 135.721253
KGS 90.647778
KHR 4244.617195
KMF 492.218524
KPW 943.247896
KRW 1467.647167
KWD 0.322423
KYD 0.873366
KZT 519.705991
LAK 23015.258108
LBP 93853.205449
LKR 304.92583
LRD 188.911965
LSL 18.979978
LTL 3.09463
LVL 0.633958
LYD 5.119716
MAD 10.495157
MDL 19.084139
MGA 4895.458406
MKD 61.536096
MMK 3404.037402
MNT 3561.286277
MOP 8.401263
MRU 41.833101
MUR 48.629757
MVR 16.192506
MWK 1819.421082
MXN 21.389077
MYR 4.679539
MZN 66.973014
NAD 18.980034
NGN 1775.591527
NIO 38.557996
NOK 11.596507
NPR 141.673109
NZD 1.78734
OMR 0.403491
PAB 1.047999
PEN 3.977392
PGK 4.219989
PHP 61.814724
PKR 291.266876
PLN 4.34356
PYG 8225.282947
QAR 3.815701
RON 4.977107
RSD 117.009991
RUB 106.166872
RWF 1436.881566
SAR 3.934587
SBD 8.757045
SCR 14.317421
SDG 630.390661
SEK 11.590944
SGD 1.411131
SHP 0.827247
SLE 23.670312
SLL 21977.166166
SOS 598.957702
SRD 37.106378
STD 21692.594729
SVC 9.16999
SYP 2633.266111
SZL 18.99125
THB 36.403062
TJS 11.161487
TMT 3.678668
TND 3.304543
TOP 2.454645
TRY 36.144389
TTD 7.11384
TWD 34.114983
TZS 2779.814551
UAH 43.266675
UGX 3872.069131
USD 1.048054
UYU 44.658222
UZS 13498.931116
VES 48.495894
VND 26644.144146
VUV 124.427036
WST 2.925737
XAF 653.462161
XAG 0.034053
XAU 0.000392
XCD 2.832418
XDR 0.799448
XOF 651.889416
XPF 119.331742
YER 261.9079
ZAR 18.971032
ZMK 9433.736719
ZMW 28.899665
ZWL 337.472851
  • RBGPF

    -0.5000

    59.69

    -0.84%

  • RYCEF

    0.1800

    6.79

    +2.65%

  • SCS

    -0.0300

    13.04

    -0.23%

  • CMSC

    0.1200

    24.64

    +0.49%

  • GSK

    0.3500

    33.7

    +1.04%

  • NGG

    -0.1700

    63.1

    -0.27%

  • RELX

    0.6500

    45.76

    +1.42%

  • BP

    0.4400

    29.52

    +1.49%

  • BTI

    -0.1000

    36.98

    -0.27%

  • AZN

    1.0600

    64.26

    +1.65%

  • RIO

    0.1800

    62.57

    +0.29%

  • VOD

    -0.1000

    8.84

    -1.13%

  • CMSD

    0.1850

    24.445

    +0.76%

  • BCE

    -0.3200

    26.68

    -1.2%

  • BCC

    2.9500

    140.36

    +2.1%

  • JRI

    0.0000

    13.23

    0%

Rio Tinto's recent scandals
Rio Tinto's recent scandals

Rio Tinto's recent scandals

Revelations of rape and sexual assault at Rio Tinto are the latest in a series of scandals to hit the global mining giant, which is listed in London and Sydney.

Text size:

Here is a selection of Rio Tinto's recent problems:

- 'Deeply disturbing' -

On Tuesday, Rio Tinto released a searing internal report showing that sexual harassment, bullying and racial discrimination were rife "throughout the company".

The 85-page report, based on one-on-one interviews and a survey of 10,000 staff, found that 21 women had reported actual or attempted rape or sexual assault in the past five years.

CEO Jakob Stausholm said the findings were "deeply disturbing".

"I offer my heartfelt apology to every team member, past or present, who has suffered as a result of these behaviours. This is not the kind of company we want to be," he said.

- Indigenous site destroyed -

In 2020, Rio admitted blowing up 46,000-year-old rock shelters at Juukan Gorge in Western Australia, destroying a priceless piece of the country's Aboriginal history.

Following public backlash and an investor revolt, then-CEO Jean-Sebastien Jacques and two other top executives were forced to resign.

The caves were one of the earliest known locations inhabited by Australia's Indigenous people and had contained some of the oldest Aboriginal artefacts ever found in the country.

Rio Tinto's then-chairman Simon Thompson apologised and said the company's 2020 successes -- which saw it pay out a record dividend to investors on the back of booming iron ore prices -- had been "overshadowed" by the destruction.

The site is considered sacred by the Puutu Kunti Kurrama and Pinikura people of Western Australia.

- Bougainville civil war -

After decades of pressure, Rio Tinto agreed in 2021 to investigate the legacy of environmental damage and human rights abuses linked to its mine on the once war-torn Pacific island of Bougainville.

The now-shuttered Panguna copper and gold mine was at the centre of the brutal decade-long civil war in Bougainville, part of Papua New Guinea.

While in operation between 1972 and 1989, it was one of the South Pacific's largest mines.

Anger among locals over the environmental damage and distribution of profits fuelled an uprising and civil war that killed an estimated 20,000 people -- 10 percent of the island's population at the time.

Clean-up costs are believed to be in the region of US$1 billion and have become prominent in the debate over Bougainville's independence from Papua New Guinea, which the island's residents overwhelmingly voted for in December 2019.

- Equatorial Guinea probe -

In 2017, Britain's Serious Fraud Office opened an investigation into "suspected corruption" surrounding Rio Tinto's development of the world's biggest untapped iron ore deposit in Equatorial Guinea.

A year earlier, Rio Tinto reported itself to regulators after an internal probe found US$10.5 million in "advisory services" payments had been made in relation to the project.

The company first secured exploration rights in the Simandou mountains in 1997.

In 2014, it sealed a US$20 billion deal with a consortium led by a Chinese state-run aluminium group to develop Simandou, which would have been Africa's biggest-ever mining and infrastructure venture.

The stake was later sold. The investigation is ongoing.

S.Al-Balushi--DT