Home > News > India

Ex-Rio Tinto boss joins Vedanta

Wednesday, Sep 18, 2013

Miner Vedanta Resources on Monday said that it had chosen Tom Albanese, former chief executive of peer Rio Tinto, to be its chairman.

"Vedanta announces that Tom Albanese is joining the group as the chairman of its subsidiary, Vedanta Resources Holdings Ltd," a statement said.

Albanese stepped down as boss of Rio Tinto at the start of the year after the Anglo-Australian miner posted its first annual loss in 18 years on hefty writedowns at its Mozambique coal and aluminium businesses.

London-listed Vedanta traces its origins back to India, where tribal leaders have recently rejected plans by the company to mine bauxite, or aluminium ore, in the country's east.

Recommended exhibitions

The 16th Northeast International Door, Window, Curtain wall,
Venue: Liaoning Industry Exhibition Hall
Shenyang Municipal Government
Liaoning Department of Construction
The 2ND China(Gaobeidian) International Doors &Windows Festi
Organizer: Gaobeidian Municipal Government
China International Window City
Exhibition profile:
The 14th China Metal and metallurgy Exhibition
Venue: Chongqing International Exhibition Center
Exhibition Profile:
China Metal & Metallurgy Exhibition is held once a ......
Expo Build China 2014
Venue: Shanghai New International Expo Center
Organizer: China Architectural Culture Center
Exhibition Profile:
Expo Bui......