Rio Tinto (ADR)

Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) has seen more reported instances of bullying and an increase in rape allegations despite efforts to improve its workplace culture. The miner, which launched an initiative to change its culture two years ago said while there have been improvements in some areas others had deteriorated further.» Mehr auf proactiveinvestors.co.uk

MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto today published the findings of an independent, external Progress Review on its work to deliver sustained workplace cultural change across its global operations. Two years into a long-term cultural change program, the review found that progress is being made with promising signs of improved culture, innovation, and performance. However, it revealed mixed results, with concerning behaviours persisting in some areas and requiring sustained attentio.» Mehr auf businesswire.com

Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) SimFer mine in Simandou, Guinea, appears increasingly unlikely to meet its 2025 first production target, according to satellite image analysis by experts at UBS. The ambitious project, which includes a mine, a 630-kilometre railway, and a port, is facing growing risks of delays due to incomplete construction, a recent fatality, extreme rainfall, and political uncertainty in Guinea.» Mehr auf proactiveinvestors.co.uk