The ASX limped to the finish line and Wall Street broke one of its longest winning streaks in two decades as pressure cranked higher from the bond market.
Mining giants paid more income tax in 2021-22 than the rest of the country’s high-value companies combined,while airlines paid none as pandemic effects continued.
Rio Tinto has scolded the mining dynasty fighting for a slice of its Hope Downs iron ore hub for casting doubt over what it knew while inking a deal with billionaire Gina Rinehart.
A $1 billion settlement with Rio Tinto underpinned the record windfall secured by the ATO’s tax avoidance taskforce.
Australia’s largest iron ore exporter is considering using former mines in the Pilbara to host the solar power farms.
The wife of the former Rio Tinto boss who oversaw the Juukan Gorge scandal has railed against “special privileges” for Indigenous Australians.
Muriel Demarcus,whose husband Jean-Sebastien Jacques resigned as Rio Tinto boss after the firm blew up sacred Indigenous sites,had little time for the Voice.
Rio Tinto boss Simon Trott told employees that the inside of the rock shelter was intact,but the body representing the traditional owners says they came to a different conclusion.
The royal commission into financial services and Rio Tinto’s Juukan Gorge disaster in 2020 have also made social licence an important benchmark for investors.
Australia’s top carbon emitting companies are making progress towards transitioning to net zero emissions,but failing to back up their decarbonisation plans.
Rio Tinto has apologised after iron ore blasting may have damaged a registered cultural heritage site,three years after the global Juukan Gorge scandal.