Talk:Rio Tinto Group

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Key remaining points to tackle:

  • key shareholders (doesn't seem to be any, largest instututional shareholder in 1999 held less than 4% of stock).
  • environmental issues.
  • labor relations.
  • political issues.

--Robert Merkel 03:05, 24 Oct 2004 (UTC)

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[edit] Spotted an error in the article

Comalco actually only has 2 aluminium smelters in Australia, the third is on Tiwai Point on the southern tip of New Zealand. This New Zealand smelter produces some of the purist aluminium in the world.

I'm new to the whole wiki thing so thought I'd just post a comment to point this out. Hope someone who knows what they're doing can add this to the page.

Cheers.

[edit] RTP

Isnt Rio Tinto also listed on the NYSE under RTP?

RTP = Rio Tinto Procurement. This is a purchasing & contracts division of Rio. -Bernard S. Jansen 00:24, 15 November 2006 (UTC)

RTP in this context stands for Rio Tinto plc, the British company, and these initials are used to distinguish the company from RTL, Rio Tinto Limited, which is the Australian arm.Mlb409 22:44, 11 May 2007 (UTC)

[edit] Citation

"Another has been Rio Tinto's involvement in Papua New Guinea which triggered the Bougainville separatist crisis." ... is this from the company profile under 'external links'.? Citation please. Fred 16:39, 28 January 2007 (UTC)

[edit] deletions etc.

I have left the last the last editor a message and an opportunity to respond, before I revert. - Fred 12:46, 18 February 2007 (UTC)

Thanks for your message. I have started two new topics to allow discussion of my main deletions. Mlb409 21:35, 25 February 2007 (UTC)

[edit] Deletion of Reference to Ascendant Copper Corp.

A press release describing the agreement between Ascendant Copper and Rio Tinto is available at the time of writing at http://www.ascendantcopper.com/pdf/06-14%20RTZ%20Joint%20Venture.pdf. A careful reading of this document indicates that the agreement relates to the purchase for $50,000 by Ascendant Copper of the right for five years to examine geological and other data collected by Rio Tinto between 1990 and 1997. The agreement does not commit Rio Tinto to any further expenditure in Ecuador nor does it commit Rio Tinto to make investments in any property identified by Ascendant Copper as being worthy of further investigation or development. Consequently the description which I removed (“Rio Tinto and Ascendant Copper announced a joint exploration program for exploring copper in western Ecuador”) is inaccurate. I make no comment on the ethics or otherwise of Ascendant Copper but I would have thought that such comments should be placed on a page relating to that company. Mlb409 22:19, 25 February 2007 (UTC)

The press release has now been moved to http://www.ascendantcopper.com/ReleaseDetail.php?ID=32 Mlb409 21:36, 16 July 2007 (UTC)

[edit] Deletion of Reference to Franco’s Purchase of German Bombers

The alleged shipments of copper to Germany in 1937-38 are discussed in David Avery’s book “Not on Queen Victoria’s Birthday: the Story of the Rio Tinto Mines” (Collins, London, 1974, p.378) He reports that investigations by the Burgos government and subsequently by a subcommittee of the Rio Tinto board indicated that no such shipments had taken place. It is certainly true that large tonnages of pyrites were requisitioned by the Nationalists and were shipped to Germany “despite the protests of the company”. In case you view that history as suspect (being commissioned by Rio Tinto), another source is Charles Harvey’s excellent book “The Rio Tinto Company” (Alison Hodge, Penzance, 1981) where more detailed data on the requisitions, together with the manner in which they were carried out, can be found. A reading of this material indicates that the situation was quite complex. The text I deleted gave a misleading (by being overly simplistic) description of actual events, as well as being inaccurate (pyrites were shipped to Germany, not copper). Mlb409 21:37, 25 February 2007 (UTC)