Rio Tinto warns Australia’s slow renewable energy rollout threatens fossil fuel phase out

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Rio Tinto warns Australia’s slow renewable energy rollout threatens fossil fuel phase out
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Mining giant also apologises for bullying culture at annual shareholder meeting

Stausholm said Rio had to focus on where it was getting energy from in the short term or it would be “creating problems” for itself.Rio’s new chairperson, Dominic Barton, warned shareholders that an economic fissure between China and the west, similar to that which opened up with Russia due to its invasion of Ukraine, was unlikely but would have horrendous consequences.

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