Currently viewing Global edition

Rio blueprint to collapse discovery to free cash time

Mining major Rio Tinto has outlined a new blueprint for how it will approach future mine development, with group executive for growth and innovation Stephen McIntosh saying the focus is pivoting to shorter timelines from discovery to development and free cash flows.

Rio blueprint to collapse discovery to free cash time Rio blueprint to collapse discovery to free cash time Rio blueprint to collapse discovery to free cash time Rio blueprint to collapse discovery to free cash time Rio blueprint to collapse discovery to free cash time

Rio Tinto group executive for growth and innovation, Stephen McIntosh

McIntosh said the focus had turned to "rightsizing" the entry point to new projects while maintaining the company's core focus on quality growth, margins and returns.