Rio Tinto Executive Summary

Mining has strong increase in revenues and investment in the mining sector and for other industries aligned to mining and resources. Modelling undertaken for this document estimates that the mining increase has on average delivered 0.62 per cent to whole funding

In the competition of capitalism, the highest factors for production have been the cost and time. For these goals to be met, management from the highest positions of the company rarely reflected their attention towards the laborers turning the screws, but the closest responsibility for these people were their supervisors. Employees that had to run machines during certain facility operations would be assigned extra

All of these towns are situated in Australia’s outback, the land mostly consisting of barren dry rock and dirt. But hiding in the endless dusty land and rocks are masses of Opal. Coober Pedy, Lightning Ridge, and Andamooka are home to many Opal mines, most of which are underground mines. The whole of Coober Pedy has many underground mines for opals extending out 40kms around the town with over 200,000 mine shafts which can be up to 27m deep. Andamooka another prominent mining town has 52km2 of mines both underground and open mines, three to ten meters deep into the seabed.

Fortescue is an Australian Iron Ore company, which constructed its first mine in 2006. Today they have mines all across the Pilbara region, at Kings, Firetail, Cloudbreak, and Christmas Creek with a network of rail that connects to Herb Elliott Port, in Western Australia. Fortescue is the world’s fourth largest iron ore producer, with a workforce as at 30 June 2014 comprising of 4,553 direct employees, with contractors employing a further 10,125 people. Their vision is to be the, ‘safest, lowest cost iron ore producer’ (Fortescue 2014), with safety, empowerment, enthusiasm, determination along with frugality, idea generation and goal setting, go in par with profitable and sustainable growth being Fortescues main focus. The amount of Ore

By maintaining the existing smelter there is a greater employability rate and it contributes to the South Australian economy. This new technology will allow the plant to run effectively for an additional 50 years, and start to mend the damage on the environment that it has previously caused (Franke, R. 2016). The Port Pirie smelter is crucial to the Australian economy and the local residents, without it hundreds of jobs would be lost and the already high unemployment rate would

This report is going to be written about the Australian Global Business ‘Telstra’. I will be outlining the industries features and its business and missions with an emphasis on foreign market entry strategies. There will be highlights on the challenges Telstra faces and the numerous benefits the company gains by choosing to go global. Additionally I will show you the trends and growth rates of the business and include any of the long term and short term goals wanted to be achieved by Telstra. Telstra is an overwhelming large company and is one of the most successful Business’s in Australia to go global.

The mining industry in the area has boomed, and the City of Karratha is now home to many people working in the industry. The iron ore in the area is of particular interest.

The company I have chosen is BHP Billiton. They are a massive mining company around the world and have the biggest revenues in 2013. In 2001, BHP merged with the Billiton mining company to form BHP Billiton. In 2002, the 'flat products' steel business was spun off to form BHP Steel. In 2003, BHP Steel changed its name to BlueScope Steel. Today, BHP Billiton Iron Ore has seven extensive high-grade hematite iron ore mining operations in the Pilbara, producing lump and fines ore. The ore is crushed, screened and blended on-site before being railed to the port. Located approximately five kilometers from the Newman Township, the Mount Whaleback mine is the biggest single-pit open-cut iron ore mine in the world.

Rio Tinto first step to achieve the smarter mining system is MOF. The company must address all the key issues with technology, supply chain, intersection of strategy and operational best practice. These are corporate social responsibilities, process improvement, business model innovation, asset management, improvement of information integration and collaboration, governance and workforce.

The first collective employee reaction management will see, whether the entire reduction in force plan is revealed, would be that of the union(s) being up in arms that there will be any employees getting the pink slip. The on the job efficiencies and reduction in productiveness could occur if employees become disenfranchised and are left wondering on whether they have a job tomorrow. Managers and employees who generally have a minor trust issue normally will withdraw from each other, which will result in work team dysfunctional behaviors and creativity will stalemate. If left to its own devices, strikes, walkouts, or employee sabotage could become the extreme results of poorly constructed philosophy, policies, and management approaches.

Rio Tinto likes to think in portfolio terms where each product group flourishes at different points in economic cycle by analysing the mix and balancing of investment. Successful growth starts with an assessment of the contents of the pipeline. As Moore (2007), suggests that for companies fixated in usual business the three-horizon framework is the right strategy to develop the future capability. A survey is conducted across different product groups to analyse the health of the business and identify the gaps and bulges (Appendix B). Based on the responses gathered from different product groups a graphical summary is displayed in figure 5 showing the outcome of the survey.

New taxes are always worrisome, and the Australian government's recent decision to pass a 30 percent tax on profits from iron ore and coal have left many investors scurrying in search of other investment opportunities in alternate countries with lower tax rates and labor costs (Scott 2011). However, simply looking at a balance sheet to determine average tax rates and wages is only a small component of deciding whether a country is a worthwhile investment. With this caveat in mind, it must be cautioned that the proposed decision to shift resources to investing in the coal mining sector in Colombia and the iron ore sector in the Democratic Republic of Congo is neither viable nor cheaper in the long run. In fact, given the marked political instability in both regions, such a move could cause great potential losses.

Brazil, the largest country in Latin America, has an exciting future ahead hosting the 2014 World Cup this summer and the Olympic Games in 2016. Over the past few decades Brazil’s economy has seen growth with the possibility of emerging as one of the top economies in decades to come. It is a ‘BRICS’ country along with Russia, India, China and South America – this can’t be right – this is a continent not a country South Africa ??(added in 2010) representing emerging countries that have the potential to rank among the world's most powerful and influential economies. Hosting

Although production needs are being met, improvements in productivity are always at the forefront of management’s thoughts. Doing more with less is a constant effort for middle management and hourly laborers. Over all the

The search for new mining locations around the world has been significant to many mining corporations in the United States and Canada. Since the areas within these boundaries are being used up or are extremely expensive, many have taken their operations to developing countries in Latin America. El Salvador is one of the next countries that Pacific Rim, a Canadian-Australian firm that produces gold and copper, is looking to open mines in. Specifically, a gold mine located near Sensuntepeque, which is the capital of the Cabañas region and the town of San Isidro. El Salvador has welcomed foreign mining companies onto their land in the past for exploration but for the last few