Rio Tinto, a British-Australian multinational company and the world’s second-largest metals and mining corporation, has agreed to pay a $28m civil fine to settle an SEC lawsuit that accused it of fraud in its handling of a failed investment in a Mozambique coal project.
Tom Albanese, the company’s former CEO,
Free Trial
Register for free to keep reading.
To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.
- Unlimited access to industry insights
- Stay on top of key rules and regulatory changes with our Rules Navigator
- Ad-free experience with no distractions
- Regular podcasts from trusted external experts
- Fresh compliance and regulatory content every day
