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Sam Walsh AO, Executive Director, Chief Executive Iron Ore and Australia, Rio Tinto. 31 August 2012
BOARDROOM BRIEFING
Sam Walsh addressed a boardroom lunch for 60 business executives where he discussed - “Miracles big and small. What technology and innovation mean for corporations, investors, industries and nations.” This lunch was proudly hosted by Norton Rose.
Sam was uniquely positioned to address the many implications of the major surge in the Australian resources sector, as well as the continuing volatility in both global economies and minerals and metals supply and demand.
Rio Tinto is a global leader in the iron ore industry. Its 2012 global production guidance is 250 million tonnes of iron ore, shipped to a range of steel customers, predominantly in Asia.
Sam was appointed chief executive of Rio Tinto’s extensive iron ore product group in 2004. His responsibilities cover operations and projects in Australia, Canada and India, as well as Rio Tinto Marine.
He has overseen the rapid expansion of this product group with more than US$24 billion committed to major mine, rail and port and infrastructure expansions since 2004. In 2011 net earnings were close to US$13 billion.
In June 2009, Sam was appointed as an Executive Director to the boards of Rio Tinto plc and Rio Tinto Limited, and in November 2009, Chief Executive of Rio Tinto Australia.
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