Summary
RIO Tinto's board is understood to be weighing up plans to split its headquarters between London and Melbourne to appease the Australian authorities over its Pounds 14bn tie-up with Chinese state-run aluminium group Chinalco.
It emerged as Jan du Plessis, chairman of British American Tobacco, was appointed to the same position at Rio. The Anglo- Australian miner's current chairman Paul Skinner is to retire, as planned, on April 20.See the full content of this document
Extract
Rio Ponders Hq Split to Quell Australian Revolt
Rio currently has its HQ in London, so splitting it could help sway sentiment in Australia. But it is not likely to be...
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