Rio Tinto names Shell’s Katie Jackson as new copper chief
Jackson, who is the current president of National Grid Ventures, an energy group, joins Rio Tinto on September 1.
India’s mines ministry may recommend reducing or scrapping of the 30 percent export tax on medium-grade iron ore due to a persisting surplus in the country, according to two sources and a document reviewed by Reuters.
Indian mining industry has for months lobbied for a cut in the export duty as the country is saddled with a surplus of around 149 million tonnes as on March 31 and a senior government official said the inventory is still hovering around that range. (Reporting by Neha Dasgupta; Editing by Nidhi Verma)