Times Online (Free subscription) | 30/11/2008
TOM ALBANESE, chief executive of Rio Tinto, is to save billions of dollars in a huge crack-down on capital spending that could mothball several big mining projects around the world.
Times Online (Free subscription) | 30/11/2008
... their business plans to reflect the changed world. For the indebted Rio and its chief executive Tom Albanese, that is even more of a priority. The group’s share price closed down 22% last week after BHP withdrew its bid. For Albanese it is now about maximising cash generation and reducing capital costs. Rio has debts of $40 billion but he believes they are manageable, and in the next...
The Australian (Free subscription) | 7 hours ago
NOW we can confirm that Australia was skating close to recession even before the global financial crisis.Until then, the place had been held up by the windfall national pay rise that Marius Kloppers and Tom Albanese had screwed out of the Chinese and the Japanese for Australia's iron ore and coal. Contract price increases of 85per cent or so for Australia's biggest export commodities meant that...
Courrier Mail (Free subscription) | 26/11/2008
THE takeover battle between BHP Billiton boss Marius Kloppers and his opposite number at Rio Tinto, Tom Albanese, was like a Shakespearian drama.
