Rio Tinto laid out a new “stronger, faster, simpler” strategy just last month. Now its plans to create a sprawling mega miner through a merger with its Anglo-Swiss rival have been given an early vote of no confidence.
Climate, energy and resources
Co-founder Toby Chan is looking to raise about $150 million for the fund to capitalise on the underinvestment in Australian climate tech.
US billionaire Robert Friedland’s privately owned iron ore miner had previously intended to list on the local bourse before the end of 2025.
