SINGAPORE Mining giant
Rio Tinto Plc has selected copper division head Andrew Harding
to lead its most important iron ore business.
Harding replaces Sam Walsh as
iron ore chief executive effective immediately, the company
said Feb. 14.
Walsh became the companys
chief executive officer in January after Tom Albanese stepped
down following an announcement that the London-based miner
faced a $14-billion write-down (
amm.com, Jan. 17).
Jean-Sebastien Jacques, formerly
copper president for international operations, will take
Hardings place as copper chief executive.
"Andrews experience across
a range of Rio Tinto businesses and countries and his three
years on the executive committee mean he is ideally placed to
run the highest earning business in the group. He has done an
excellent job leading the copper product group, including
taking Oyu Tolgoi from the drawing board to an operational mine
on the verge of commercial production," Walsh said in a
statement. "Jean-Sebastien has been with Rio Tinto for just
over a year and has made a real impact and injected some fresh
thinking into the copper business."
Harding will be based in Perth,
Australia, while Jacques will remain in London.
A version of this article
was first published by AMM sister publication Metal