Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Brazilian aluminum producer Companhia Brasileira de Aluminio said on Monday that chief financial officer Luciano Alves will take over as CEO starting May 2023.
Alves will replace Ricardo Carvalho, who is set to become a board member, while general manager Camila Abel will become CFO, CBA said in a securities filing.
(By Gabriel Araujo; Editing by Toby Chopra)
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