Miner Rio Tinto fined GBP27.4 mil by FCA over Mozambique coal assets

摘要

British-Australian mining group Rio Tinto was fined GBP27.39million ($36.08 million) by the UK’s Financial Conduct Authority forbreaching Disclosure and Transparency rules by failing to write downthe value of its coal assets in Mozambique, the regulator said Tuesday.Separately on Tuesday, the US Securities and ExchangeCommission said it had charged with fraud Rio Tinto and the twoformer top executives in charge of the company at the time — formerCEO Thomas Albanese and former CFO Guy Elliott.