The Strategist

Rio Tinto splits business into three segments, announces management changes



08/28/2025 - 03:09



Australian miner Rio Tinto is restructuring its operations and dividing them into three segments, the company announced in a statement.



Rio Tinto splits business into three segments, announces management changes
Rio Tinto will now feature a segment for iron ore, a segment for copper, and a segment for aluminum and lithium. The modifications take effect right away.

Matthew Holcz, formerly in charge of the Pilbara operations, has been named head of the iron ore division. His new role encompasses the united global operations of the company in this sector.

Rio Tinto will likewise perform a strategic assessment of its borate division and iron and titanium activities. The evaluation will be overseen by the chief commercial officer of the company, Bold Baatar.

At the same time, Sinead Kaufman, the head of minerals at Rio Tinto, is set to depart in October. The position of chief executive officer for Australia, currently occupied by Kelly Parker, will be eliminated.

Simon Trott assumed the role of chief executive at Rio Tinto on Monday, succeeding Jakob Stausholm, who led the company's iron ore operations for four years.

source: ft.com

 




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