World's Second Largest Miner, Rio Tinto (RIO.US), Announces Operational Restructuring: New CEO Simplifies Operations and Focuses on Core Assets.

Wisdom Financial App has learned that Simon Trott, the newly appointed CEO of Rio Tinto Group (RIO.US), is taking steps to integrate the operations of this global second largest mining company, aiming to simplify the operating structure and focus on core assets. Trott, who previously led the iron ore business, was appointed CEO earlier this year and officially took office this month. His core tasks include streamlining operations, controlling costs, and focusing resources on developing the highest quality assets in the context of several major growth projects gradually coming online within the company.