Rio Tinto Won't Rush Into M&A, Keeps 'Watching Brief,' CEO Says

The transcript discusses the current state and future challenges of the industry, emphasizing the need for self-disruption to remain relevant. It highlights the economic environment in China, noting strong demand despite trade tensions. The importance of partnerships and innovation, particularly in green technology, is stressed. Investment strategies focus on value creation for shareholders, with a cautious approach to M&A. The overall outlook remains optimistic, with a commitment to long-term growth and shareholder value.

What is the main challenge the industry faces according to the speaker?

• High operational costs

• Lack of skilled workforce

• Rapidly changing environment

• Decreasing demand for products

Which internal tool is mentioned as a means of employee engagement?

• Slack

• Google Chat

• Yammer

• Microsoft Teams

What recent partnership is highlighted for developing new aluminum technology?

• With Apple and Alcoa

• With Samsung

• With Google

• With Tesla

What is the speaker's perspective on the demand for resources in China?

• Demand is unpredictable

• Demand is strong

• Demand is stable

• Demand is decreasing

What role does China play in the electric vehicle revolution according to the speaker?

• A minor role

• A supportive role

• A leading role

• No role

What is the company's approach to mergers and acquisitions?

• Immediate action

• Avoiding all M&A

• Cautious and value-focused

• Aggressive expansion

How does the company decide on asset divestments?

• To reduce operational costs

• To extract value from non-core assets

• To quickly sell off assets

• Based on market trends