How much does a CEO of a mining company earn?
Reflecting the fact that salaries are not evenly distributed across the industry, our analysis found that the average fixed remuneration for Mining CEOs of $AUD773,516 was greater than the median rate of $AUD592,147.
How much does the CEO of BHP earn?
BHP chief executive Mike Henry’s annual pay has more than doubled to $US14. 5m ($19.7m) for the 2021 financial year after a raft of long-term incentives vested, making him one of Australia’s best paid bosses. Mr Henry earned the same base salary of $US1.
How much of Rio Tinto does China own?
The arrests also came shortly after Rio Tinto declined to sell part of the company to the Chinese state-owned company Chinalco. Chinalco currently owns 9.3% of Rio Tinto; the additional investment would have raised Chinalco’s ownership stake in Rio Tinto to 18.5%.
How much did Rio Tinto pay for Juukan Gorge?
Rio Tinto blasted the 46,000-year-old rock shelters at Juukan Gorge to expand an iron ore mine, sparking an outcry and leading to several resignations. The pay package covers $55m earmarked in salary and bonuses for the company’s top 14 executives.
How much do executives make a year?
In 2020, CEOs of the top 350 firms in the U.S. made $24.2 million, on average — 351 times more than a typical worker. A 2019 Institute for Policy Studies report estimates that 80% of S&P 500 companies pay their CEO over 100 times more than they pay their median worker.
Who is the largest shareholder in Rio Tinto?
Aluminum Corporation of China
Aluminum Corporation of China is currently the company’s largest shareholder with 11% of shares outstanding. With 8.7% and 5.2% of the shares outstanding respectively, BlackRock, Inc. and Capital Research and Management Company are the second and third largest shareholders.
Is BHP bigger than Rio Tinto?
Although both companies have a significant market capitalisation, BHP’s is AU$94.37 billion higher than Rio. BHP’s volume of shares is around 3.27 times higher than Rio.
Why was Juukan Gorge destroyed?
“Rio Tinto destroyed a sacred site at Juukan Gorge because the laws allowed them to do it, and the people responsible for developing and overseeing those laws did not stop them,” PKKP Aboriginal Corporation’s chief executive, Carol Meredith, said on Monday.