Maintaining an entrepreneurial spirit while working in a large organisation isn’t always easy, but for our next guest, Owen Hegarty, it became a defining part of his career. While at Rio Tinto, Owen saw opportunities others might have overlooked, particularly in junior resources. This mindset ultimately led him to make a bold decision—to turn down a safer, high-profile executive role at Rio Tinto and instead take a leap of faith to found Oxiana, a move that would go on to redefine his career and the Australian mining landscape.
Owen’s journey began with a foundation in economics before transitioning to mining, where he spent 25 years at Rio Tinto, gaining unmatched experience across commodities and continents. Guided by an entrepreneurial vision, he built Oxiana into a leading copper and gold miner, eventually merging it into OZ Minerals in a $12 billion deal. Today, as the founder of EMR Capital, Owen continues to shape the mining industry with his innovative approach to investment and development.
Hello and welcome back to The Business Of, I’m Will, and I’m Charlie. On today’s episode, we explore Owen’s remarkable career, from his transformative years at Rio Tinto to building Oxiana into a mining powerhouse.
We’ll also discuss his insights into the evolving resources industry, the challenges of global operations, and his vision for Australia as a capital markets hub for mining.
We hope you enjoy this On-Air at IMARC episode!