Australia has an opportunity to be epicentre of mining – Rio CEO

Australia has a unique opportunity to buck the global protectionist trend and position itself as the epicentre of the global mining industry, but the country will have to raise its ambition if it is to achieve this goal, head of diversified major Rio Tinto, Jean-Sebastian Jacques, has said. Outlining three key areas where Australia could make the most of its “obvious advantages”, Jacques said on Friday that there was an opportunity for Australia to gain ground on London and beat Vancouver as the destination for investment.