Archive · 28 Nov 2025
Rio Tinto CEO to Outline Lithium Strategy
Rio Tinto's new CEO, Simon Trott, is going to tell investors about the company's plans for lithium and other important things.
Last year, Rio Tinto bought a big lithium company for $6.7 billion and started a big project in Serbia.
But now, Trott has stopped the Serbian project and might sell some other parts of the company.
He wants to focus on the most profitable things, like iron ore and copper.
Some people think he might also try to fix a problem with a big Chinese company that owns part of Rio Tinto.
This is all to make the company stronger and more focused.
Rio Tinto CEO Simon Trott to outline strategy for lithium and other assets at an investor meeting in London.
Trott has mothballed the Serbian lithium project and may sell some assets to focus on profitable operations.
Rio Tinto acquired Arcadium Lithium for $6.7 billion last year and is refining its lithium project pipeline.
The company's key businesses include iron ore, copper, and aluminum, with a massive copper project planned in the U.S.
Trott may address the issue of Chinalco's 15% stake in Rio Tinto's London-listed stock, which has limited share buybacks.
- Who
- Simon Trott, CEO of Rio Tinto
- What
- Outlining strategy for lithium and other assets
- When
- Next week at an investor gathering in London
- Where
- London
- Why
- To refine the company’s pipeline and focus on profitable operations
- CEO
- Simon Trott
- Company
- Rio Tinto
- Serbian Project
- Mothballed by Trott
- Key Businesses
- Iron ore, copper, aluminum
- Investor Meeting
- London, Thursday
- Chinalco Stake
- 15% in Rio Tinto's London-listed stock