Rio Tinto CEO to step down after Australia cave blast review

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A process to identify a successor to CEO Jean-Sébastien Jacques was under way and he will continue in the role until a replacement is found or March 31 next year, whichever is earlier, the company said.

After a board-led review of the legal destruction of the sacred sites in Western Australia in May for a mine expansion, Rio cut the short-term bonuses of some senior officials, including its chief executive, but activists and investors have said this was not enough.