Rio Tinto cuts CEO and executive bonuses after destroying sacred caves
Iron ore miner stops short of firing leadership for legal demolition against wishes of aboriginal traditional owners
24 August 2020 - 08:23
Bengaluru — Rio Tinto will cut the short-term bonuses of its CEO, Jean-Sébastien Jacques, and two other senior executives after a review of the company’s destruction of two ancient caves in Australia.
The world’s biggest iron ore miner stopped short of firing any of its leadership for the legal destruction of two historically significant sacred caves in Western Australia state in May — against the wishes of aboriginal traditional owners — which sat on top of a high grade ore body it planned to mine...
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