Rio Tinto has been removed from Norway’s $1 trillion wealth fund’s “blacklist” after selling its stake in the controversial Grasberg copper mine in Indonesia

Posted by on June 27, 2019 8:59 pm
Categories: Battery Metals Copper

Share this Content

As reported by Bloomberg: “Norway’s $1 trillion wealth fund has removed Rio Tinto Group from its investing blacklist after the world’s second-biggest miner sold out of the controversial Grasberg mine in Indonesia. Norway has refused to buy Rio Tinto stock for more than a decade because of the environmental damage caused by one of the world’s biggest copper and gold projects. Today, after a recommendation from its Council on Ethics, the fund said it had revoked that exclusion…”

To continue reading, click here to read Bloomberg’s full article.

If you enjoyed this article, be sure to check our homepage at and my Twitter and Facebook pages for more help with your due diligence and stock/company research!

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from/through New Energy Narrative, which I am the founder and owner of).

Share this Content

Leave a Reply