Rio Tinto's Strategic Overhaul: Focusing on Quick Returns

Rio Tintos New CEO, Simon Trott, is spearheading a major strategic overhaul, focusing on streamlining operations and prioritizing projects with quicker returns. This includes reevaluating the companys significant lithium investments, potentially selling off assets, and implementing cost-cutting measures. Trott aims to simplify operations and improve performance, reflecting the volatile nature of the lithium market.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.