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The company declined to state who would be stepping into the now vacant role of head of Rio Tinto's energy division.Albanese has been with Rio Tinto for more than three decades, and Ritchie served the company for close to 30 years.I am pleased that someone of Sam’s calibre and values has been chosen to succeed me as chief executive.This is a great company and Sam will do an outstanding job".Crawley MP Henry Smith this week slammed the payments, telling his local paper the Crawley News: 'The only time tat translations really are justifiable at that expense is when a large number of people will benefit from it.The council was slammed in 2012 after it was revealed it stumped up £628 to translate it's Homelink magazine into Urdu, with Eric Pickles, the Secretary of State for Communities and Local Government, saying councils should cut back spending on needless translations.Test your memory on this passage: Three men and their wives and a widower left by car at noon one day for a picnic.Making certain that there was no one in the house one day, he went out for the afternoon.
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"The group also expects to report a number of smaller asset write-downs in the order of US0 million.
The final figures will be included in Rio Tinto’s full year results on 14 February 2013." This is despite Rio posting a record production from its Pilbara iron ore mines, producing 253 million tonnes of iron ore for the year; a 4% increase on last year's results.
He is ideally placed to cast a fresh eye over how we address the challenges and opportunities in the business, and derive greater value from it," du Plessis said.
As Albanese stepped down, he stated that "while I leave the business in good shape in many respects, I fully recognise that accountability for all aspects of the business rests with the CEO.