Tag Archives: Rio Tinto

PAUL CLEARY. How Australia wasted the mining boom.

The countries that have mastered the development of their resources, most notably Norway, worked out long ago that to truly prosper in the long run, the citizens who own these assets are entitled to share in the super profits derived … Continue reading

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Our business failure in Asia. John Menadue

In my blog of March 14 on Productivity and Skills I drew attention to the failure of Australian business to equip itself for Asia. PM Rudd in his address to the National Press Club on 16 July this year put … Continue reading

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Rio Tinto – Corporate Governance and Asia

Since 2007 Rio Tinto has written off $US 35 billion in failed investments. It must be a world record. There are probably more write-downs to come with its investments in Mozambique coal and in aluminium in North America. Tom Albanese has been sacrificed but … Continue reading

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