DIVERSIFIED MINERS
Diversified mining company Rio Tinto is recalibrating its understanding of Africa and working on an Africa strategy that is scheduled to be presented to the company’s executive committee next year. The company, which has the Rössing Uranium Mine in Namibia, Richards Bay Minerals (RBM) in South Africa and QMM in Madagascar, exited Zimbabwe in 2015, is disposing of its problematic iron-ore project at Simandou in Guinea, and dealing with an impairment investigation and lawsuit relating to its coal project in Mozambique.
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