There was a strong sense of yesterday’s heroes when departing Rio Tinto chief executive Jakob Stausholm hosted a range of foreign and domestic dignitaries in the Pilbara iron ore district on Friday.
The official opening of the $2.4 billion Western Range mine could easily be Stausholm’s last visit to the Pilbara as chief executive, and his successor will be greeted with a public narrative that Australian iron ore is in decline, requiring Rio to pivot towards a new hero such as copper or lithium.
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