… likewise fell short of the mark. CEO Tom Albanese pointed to industry-wide high ..... relates to the acquisition of Alcan, Tom Albanese and Guy Elliot have notified the ..... in the medium to long term. CEO Tom Albanese said: "Longer term, the drivers …
… expected because of the global financial crisis. The five-year average EBITDA margin is a healthy 40% and rising. Tom Albanese became CEO in May 2007, taking over from Leigh Clifford. Albanese, 52, is the first U.S. citizen to lead the …
The world is now a more "somber, sober place," says Rio Tinto ( RIO -1.5% ) CEO Tom Albanese , after the latest write-down of his $38B 2007 purchase of Alcan brings the total to more than 50% of the deal. A 34% dividend …
… of an $8.9B impairment charge relating to its aluminum business. Underlying earnings rose 11% to $15.5B. CEO Tom Albanese and CFO Guy Elliott waive their bonuses. The company is "cautious" about near-term prospects because of uncertainty …
… metals and energy contributions offset anticipated weakening iron ore pricing. Our RIO valuation is little changed. CEO Tom Albanese characterized the second half of 2011 as bouncing back following severe weather in the first half. Most significantly …
SYDNEY, Dec 4 (Reuters) - Rio Tinto chief executive Tom Albanese said an "aggressive" stance by unions, high labour costs and a potential downturn in world prices threaten plans for vast expansion of its key Australian iron ore operations.
SYDNEY (Reuters) - Rio Tinto chief executive Tom Albanese said an "aggressive" stance by unions, high labor costs and a potential downturn in world prices threaten plans for vast expansion of its key Australian iron ore operations.
MELBOURNE, Nov 28 (Reuters) - Global miner Rio Tinto sees no material impact on its business from the euro zone debt crisis, Chief Executive Tom Albanese told reporters on Monday.
… delaying shipments of metals, marking a sharp contrast from the industry's bullish outlook only six weeks ago. CEO Tom Albanese says customers (except in China) are rescheduling deliveries as they sit "cautious about the current state of business …
… In a turnaround from just weeks ago, the commodities market appears poised for a slowdown. Rio Tinto (RIO) CEO Tom Albanese said markets are "somewhat weaker" and some customers are asking to delay shipments of metals as uncertainty elicits …