Rio lays Simandou saga to rest

RIO TINTO has agreed to pay a US$15 (A$22) million civil penalty to the United States Securities and Exchange Commission to settle charges that it violated the Foreign Corrupt Practices Act by making payments to a political consultant in Guinea.

Simandou mine in Guinea

07 March 2023
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The long-running saga began in 2011 when Rio Tinto hired a consultant to provide advisory services on the Simandou iron ore project in Guinea and help the company retain its mining rights in the

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