Rio Tinto Group appoints Simon Trott, previously iron ore boss, as the new CEO, succeeding Jakob Stausholm.
Trott, known for his success in the iron ore division, will focus on portfolio growth amidst expansions in iron ore, lithium projects, and copper growth plans.
Internal candidates like Jérôme Pécresse and Bold Baatar were considered, but Trott was chosen for his experience and role in rebuilding culture in the iron ore business.
The new CEO faces challenges in overseeing projects like Simandou in Guinea, expanding Australian mines, and addressing strategies for growth in lithium and copper.