Rio Tinto under fire from shareholders during Annual General Meeting

Simon Thompson, chair of Rio Tinto on 26 November 2018: “We do face some intractable problems, including our reliance on coal-fired power in Mongolia and in South Africa. However, in both cases, our operations clearly bring huge economic and social benefits, and play a major role in poverty alleviation in two relatively poor countries […]

When we invest in a country like Mongolia, for example, we plan to be there for a hundred years and we know that our franchise depends upon building durable partnerships with our employees, our local suppliers, our local communities and the government.” [1]
[1] https://www.riotinto.com/documents/181126_ESG_seminar_chairman.pdf, retrieved 02/01/2019.