Vella has been with Rio for 20 years
Replaces former IGO CEO Bradford who died suddenly in Oct
Will head one of Australia's most developed batteryminerals makers
(Adds details on Vella in paragraphs 2,3, and bullet points)
MELBOURNE, June 13 (Reuters) - Australian battery minerals producer IGO Ltd (IGO) said on Tuesday it has appointed Ivan Vella, who has spent two decades at mining giant Rio Tinto (RIO) , as its new CEO.
Vella, now heading Rio Tinto's aluminium division, will take the helm no later than Dec. 11, after he serves his notice period and relocates to Perth with his family from Montreal, where Rio runs its green aluminium business.
Rio had brought in Vella to steer the miner's iron ore business in the aftermath of its destruction of rock shelters at Juukan Gorge in 2020. The episode triggered wide-ranging changes in Australian industry practices on protection of cultural sites.
His appointment at IGO comes after its former CEO and Managing Director Peter Bradford suddenly died in October, and positions him at the helm of one of Australia's most developed battery minerals and chemicals producers.
IGO holds a minority stake with Tianqi Lithium Corp 002466.SZ in a high-purity lithium hydroxide plant south of Perth and is working with Wyloo Metals, the private investment arm of iron ore magnate Andrew Forrest, to expand its footprint downstream into battery chemicals via its nickel business.
Vella, who will also be managing director, will replace IGO's acting chief executive Matt Dusci, previously chief operating officer.
Rio confirmed Vella's departure in a statement and said a process to identify his successor is underway. He has stepped down from Rio's executive committee but will continue to lead the division in the meantime.
- Forums
- ASX - By Stock
- RIO
- News: RIO UPDATE 2-Australia's IGO picks Rio Tinto executive Vella as CEO
RIO
rio tinto limited
Add to My Watchlist
1.12%
!
$113.62

News: RIO UPDATE 2-Australia's IGO picks Rio Tinto executive Vella as CEO
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$113.62 |
Change
1.260(1.12%) |
Mkt cap ! $42.17B |
Open | High | Low | Value | Volume |
$112.70 | $113.70 | $112.21 | $140.8M | 1.240M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20 | $113.60 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$113.69 | 700 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20 | 113.600 |
1 | 60 | 113.460 |
1 | 466 | 113.100 |
1 | 100 | 113.000 |
1 | 4 | 112.900 |
Price($) | Vol. | No. |
---|---|---|
113.690 | 700 | 1 |
113.780 | 1000 | 1 |
113.800 | 770 | 2 |
113.830 | 161 | 1 |
113.850 | 220 | 1 |
Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
RIO (ASX) Chart |