Rio Tinto CEO Talks Business Strategy

Rio Tinto CEO Tom Albanese

Rising demand for commodities and resource scarcity are increasingly at the center of geopolitical tensions. According to Tom Albanese, CEO of mining giant Rio Tinto, a long-term market perspective and ongoing engagement with stakeholders are critical to business success in this environment. In the first half of a two-part interview with Arabic Knowledge@Wharton, Albanese discusses why Rio Tinto does not take political sides in a country or indulge in bribery for access. Rio Tinto’s business strategy, he explains, is to invest in large, long-life, low-cost operations that are profitable through all economic cycles and provide consistent returns to shareholders.

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