Industry News

Rio execs suffer for Juukan mistake

Views : 213
Update time : 2020-08-24 16:28:46

PERTH (miningweekly.com) – Mining major Rio Tinto has stripped CEO Jean-Sebastian Jacques, iron-ore CEO Chris Salisbury, and group executive of corporate relations Simone Niven of performance-related bonuses for 2020, following the destruction of the Juukan Forge rock shelters in the Pilbara.

Rio said in a statement on Monday that an internal review into the incident concluded that while the company had obtained legal authority to impact the rockshelters, it fell short of the standards and internal guidelines that Rio set for itself, over and above its legal obligations.

“The review found no single root cause or error that directly resulted in the destruction of the rockshelters. It was the result of a series of decisions, actions, and omissions over an extended period of time, underpinned by flaws in systems, data sharing, engagement within the company and with the Puutu Kunti Kurama and Pinikura (PKKP), and poor decision making,” the company said in a statement.

Related News
Read More >>
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Apr .25.2025
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Nickel Price Update: Q1 2025 in Review Nickel Price Update: Q1 2025 in Review
Apr .25.2025
Nickel Price Update: Q1 2025 in Review
Higher steel prices benefiting Region steel mills Higher steel prices benefiting Region steel mills
Apr .25.2025
Higher steel prices benefiting Region steel mills
Vale's net profit drops 17% on lower iron ore prices Vale's net profit drops 17% on lower iron ore prices
Apr .25.2025
Vale's net profit drops 17% on lower iron ore prices