Rio Tinto's CEO Trott Unveils Revamp of Three Units

Written by Emily J. Thompson, Senior Investment Analyst

Source: Reuters

Updated: Aug 27 2025

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Source: Reuters

New CEO's Strategic Shift: Rio Tinto's new CEO, Simon Trott, announced a restructuring plan to divide the company into three core business units focusing on iron ore, aluminium, and lithium/copper.
Leadership Changes: Matthew Holcz has been appointed as the head of the iron ore division, while Jerome Pecresse will oversee both aluminium and lithium, and Katie Jackson continues to lead the copper division.
Operational Integration: The revamped iron ore division will merge operations from Western Australia and Canada, and include the future Simandou project in Guinea.
Strategic Review of Other Units: Rio Tinto is conducting a strategic review of its borates and titanium businesses, with potential divestments anticipated due to weak market conditions.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.