RIO News: Settlement with the Australian Securities and Investment Commission - 7th Mar 2022, 2:06pm

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MELBOURNE, Australia, March 07, 2022--(BUSINESS WIRE)--Rio Tinto has reached a settlement with the Australian Securities and Investment Commission (ASIC) regarding the disclosure of the impairment of Rio Tinto Coal Mozambique (RTCM), which was reflected in Rio Tinto’s 2012 year-end accounts.

As part of this court approved settlement, Rio Tinto will pay a A$750,000 penalty for a single contravention of its continuous disclosure obligations in the period 21 December 2012 to 17 January 2013, ...

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