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Rio picks replacement for Skinner

Rio Tinto yesterday turned to a relative newcomer to the mining industry to become its new chairman as it tries to win over sceptical investors opposing its controversial $19.5bn fundraising deal with Chinese miner Chinalco.

The miner named Jan du Plessis, chairman of British American Tobacco, as its new chairman. He will replace Paul Skinner at the mining group's annual meeting on April 20.

Mr du Plessis, who joined the board of the Anglo-Australian mining group six months ago, has already given strong support to the Chinalco deal.

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