Brazilian court clears BHP, Vale, and Samarco of charges in 2015 dam disaster
A court in Belo Horizonte ruled that state prosecutors failed to prove that "individual actions" directly contributed to the collapse of the dam.
Rio Tinto is focused on reshaping its portfolio with joint ventures rather than huge mergers and acquisitions, CEO Jakob Stausholm said on Wednesday.
“The last thing we need is very big M&A, because it’s very disruptive and it takes you off course,” Stausholm told a press briefing ahead of its investor day in Sydney.
(By Melanie Burton; Editing by Chris Reese)
Read More: Rio Tinto expects to spend about $6.2 billion on Simandou iron ore project
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