Rio Tinto appoints iron ore boss Simon Trott
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New Rio Tinto boss Simon Trott will immediately turn his attention to the challenges facing the company, including his predecessor’s big bet on lithium, its troubled Mongolian copper operations and the need to build and open new iron mines in Western Australia.
Simon Trott will succeed Jakob Stausholm as Rio’s chief executive on August 25. Rio’s Pilbara mines managing director Matt Holcz is taking the reins from Mr Trott as the chief of the iron ore division until a permanent appointment is made.
Australia’s richest person is urging Rio Tinto’s (ASX, LON: RIO) incoming chief executive, Simon Trott, to move the company’s headquarters to Western Australia, while casting doubt on the miner’s Simandou iron ore project in Guinea.