Rio Tinto accused of squeezing out local businesses in town it plans to exit

In Australia's Northern Territory, a mining town is bracing for its largest employer's departure. According to ABC News, Rio Tinto is preparing to exit Nhulunbuy, and local business owners are accusing the mining giant of squeezing out smaller enterprises as it winds down operations. The company's withdrawal threatens to reshape the tropical community's economy, with residents arguing that Rio Tinto is accelerating the exodus of local businesses.

Listen to this story

Hear this and more stories in a personalized audio briefing.

Open The Chonkerton