RIO News: Rio Tinto wrangles investors over water contamination claims - 12th Feb 2024, 12:00pm

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By Melanie Burton

MELBOURNE (Reuters) - Global mining giant Rio Tinto, which sparked outrage after destroying an ancient Indigenous site in Australia in 2020, faces new pressure from socially conscious investors and lenders, this time on water practices at two of its mines.

A group representing UK pension funds, Local Authority Pension Fund Forum (LAPFF), has raised concerns about the company's water management at its Oyu Tolgoi copper mine in Mongolia and an ilmenite mine in Madagascar.

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