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***COMMENT: Umpteenth challenge of Albanese’s 38-month Rio reign

July 19, 2010 - 09:59 GMT Location: London

KEYWORDS: Ivanhoe Mines , Tom Albanese , Mongolia , Oyu Tolgoi , Rio Tinto

Rio Tinto’s battle with Ivanhoe Mines over the coveted Oyu Tolgoi copper project in Mongolia is just one of the issues ceo Tom Albanese has had to deal with since he took the job

The 52-year old has come up against and bested a few high-profile opponents, and dealt with a few tricky situations, since he became ceo in May 2007. Some of the fights were self-created. When he bought Alcan for $38 billion at the top of the market and attempted to bring in Chinalco as an investor without consulting shareholders there were question marks about his survival. Other battles, such as...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

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