Mining major Rio Tinto has placed its Richards Bay Minerals (RBM) operations in KwaZulu-Natal, along with its Canadian iron and titanium operations and US borates mine, under strategic review as part of an operational shake-up by new CEO Simon Trott. The company on Wednesday announced a new operating structure that consolidates its activities into three business units and shifts its Borates and Iron and Titanium divisions to the portfolio of COO Alf Barrios for review. RBM, a producer of titanium dioxide (TiO2) slag, rutile, zircon and pig iron, is Rio Tinto’s most significant South African asset. The Zulti South ... (full story)