Jakob Stausholm

Rio Tinto commits funding for Jadar lithium project

Retrieved on: 
Tuesday, July 27, 2021

Rio Tinto has committed $2.4 billion to the Jadar lithium-borates project in Serbia, one of the worlds largest greenfield lithium projects.

Key Points: 
  • Rio Tinto has committed $2.4 billion to the Jadar lithium-borates project in Serbia, one of the worlds largest greenfield lithium projects.
  • Rio Tinto is committed to help develop local businesses so that they can support the operation over the coming decades.
  • Rio Tinto Chief Executive Jakob Stausholm said We have great confidence in the Jadar project and are ready to invest, subject to approvals.
  • Based on this annual production of lithium carbonate, Rio Tinto aims to produce 2.3 million tonnes of lithium carbonate over the expected 40-year life of mine.

Rio Tinto and Bougainville community residents reach agreement to assess legacy impacts of Panguna mine

Retrieved on: 
Tuesday, July 20, 2021

Rio Tinto and Bougainville community members, represented by the Human Rights Law Centre, have reached an agreement to identify and assess legacy impacts of the former Panguna copper mine in Bougainville. This follows several months of constructive discussions facilitated by the Australian OECD National Contact Point (AusNCP).

Key Points: 
  • Rio Tinto and Bougainville community members, represented by the Human Rights Law Centre, have reached an agreement to identify and assess legacy impacts of the former Panguna copper mine in Bougainville.
  • The Panguna Mine Legacy Impact Assessment Committee will be established by the Autonomous Bougainville Government (ABG) and the parties to the AusNCP process, Rio Tinto, the HRLC and the community members the HRLC represents.
  • Rio Tinto chief executive Jakob Stausholm said, This is an important first step towards engaging with those impacted by the legacy of the Panguna mine.
  • In September 2020, the HRLC, representing 156 residents of villages in the vicinity of the Panguna mine, filed a complaint with the AusNCP against Rio Tinto.

Rio Tinto appoints new Chief Legal Officer & External Affairs

Retrieved on: 
Wednesday, July 7, 2021

Rio Tinto has appointed Isabelle Deschamps to succeed Barbara Levi as Chief Legal Officer & External Affairs.

Key Points: 
  • Rio Tinto has appointed Isabelle Deschamps to succeed Barbara Levi as Chief Legal Officer & External Affairs.
  • Isabelle, who is currently General Counsel of AkzoNobel and a member of the Executive Committee, will join Rio Tinto on 25 October 2021.
  • Rio Tinto chief executive Jakob Stausholm said "Isabelle brings a wealth and diversity of legal experience having worked in various senior legal roles for a number of large multinational companies.
  • I am delighted to welcome her to Rio Tinto and look forward to having her join the executive team and lead our legal, compliance and external affairs teams.

Rio Tinto confirms Peter Cunningham as Chief Financial Officer

Retrieved on: 
Thursday, June 17, 2021

Rio Tinto has appointed Peter Cunningham as Chief Financial Officer with immediate effect.

Key Points: 
  • Rio Tinto has appointed Peter Cunningham as Chief Financial Officer with immediate effect.
  • Peter, who has been Interim Chief Financial Officer since 1 January 2021, will also join the Rio Tinto Board as an executive director at the same time.
  • Peter was previously Group Controller and has held a number of senior financial and non-financial leadership positions across Rio Tinto in Australia and the UK.
  • Rio Tinto chief executive Jakob Stausholm said I am delighted to confirm Peter in the role and, having worked closely with him for a number of years, I know he is the ideal person to be our Chief Financial Officer.

Rio Tinto Executive team changes

Retrieved on: 
Tuesday, April 27, 2021

b'Barbara Levi, Chief Legal Officer & External Affairs, has accepted the position of Group General Counsel at UBS and will leave Rio Tinto by the end of October 2021.

Key Points: 
  • b'Barbara Levi, Chief Legal Officer & External Affairs, has accepted the position of Group General Counsel at UBS and will leave Rio Tinto by the end of October 2021.
  • A thorough search has commenced to identify a suitable successor.\nJakob Stausholm, Chief Executive said \xe2\x80\x9cBarbara has made a significant contribution during her time with Rio Tinto and we will be saddened to see her leave.
  • We offer her our very best wishes for the future.\xe2\x80\x9d\nThis announcement is authorised for release to the market by Steve Allen, Rio Tinto\xe2\x80\x99s Group Company Secretary.\n'

Rio Tinto unveils new Executive team

Retrieved on: 
Wednesday, January 27, 2021

To achieve these goals, Rio Tinto Chief Executive Jakob Stausholm has appointed a permanent Chief Executive of Rio Tintos Iron Ore business, created a Chief Operating Officer (COO) role, and added a Chief Executive Australia to his leadership team.

Key Points: 
  • To achieve these goals, Rio Tinto Chief Executive Jakob Stausholm has appointed a permanent Chief Executive of Rio Tintos Iron Ore business, created a Chief Operating Officer (COO) role, and added a Chief Executive Australia to his leadership team.
  • In addition to Simon Trotts appointment, Ivan Vella, currently Interim Iron Ore Chief Executive, will become Aluminium Chief Executive; Energy & Minerals Chief Executive Bold Baatar will become Copper Chief Executive; and Sinead Kaufman, currently Managing Director Operations Copper & Diamonds, will join ExCo as Minerals Chief Executive.
  • Biographies for leadership team members:
    Jakob joined Rio Tinto in 2018 as Executive Director and Chief Financial Officer.
  • Alf joined Rio Tinto as Chief Executive Rio Tinto Aluminium in 2014.

Joint statement from PKKP and Rio Tinto

Retrieved on: 
Thursday, December 24, 2020

PKKP in co-operation with Rio Tinto have been involved in remedial works at Juukan Gorge.

Key Points: 
  • PKKP in co-operation with Rio Tinto have been involved in remedial works at Juukan Gorge.
  • A joint session of the PKKP and Rio Tinto boards has been held to reaffirm Rio Tintos apology and commitment to rebuilding our relationship.
  • In addition, we will prepare a Heads of Agreement that will capture our commitments and outline how both Rio Tinto and PKKP will work together.
  • PKKP notes the appointment of new chief executive Jakob Stausholm and hopes that discussions between PKKP and Rio Tinto will continue in a positive direction.