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Brierty JV Gets A$55 Million Rio Tinto Housing Project Contract

MELBOURNE -(Dow Jones)- Rio Tinto PLC (RIO) has given a roughly A$55 million contract for a housing development in the Western Australia town of Wickham to a joint venture between Brierty Ltd. (BYL.AU) and the Ngurluma and Yindjibarndi people, the construction firm said Thursday. The construction of 221 housing lots will provide additional accommodation needed for the expansion of Rio Tinto's Cape Lambert port and rail facilities in the iron ore-rich Pilbara region, Brierty said in a statement. The contract is for the first stage of the project and work by the Brierty and the Ngarluma Yindjibarndi Foundational Ltd. will include bulk earthworks, services installation, road works and landscaping, it said. Construction is scheduled to take place over nine months beginning in June. -By Robb M. Stewart, Dow Jones Newswires; +61 3 9292 2094; robb.stewart@dowjones.com

Stock News for Companhia Vale (RIO)
DateTimeHeadline
05/24/201312:27:13LONDON MARKETS: U.K. Stocks Slide As Miners, Banks Decline
05/24/201311:08:14LONDON MARKETS: U.K. Stocks Slides As Miners, Banks Decline
05/23/201321:30:09Rio Tinto Cuts Jobs at Utah Copper Mine
05/23/201321:15:04Rio Tinto Begins Cutting Jobs at Utah Copper Mine After Slide
05/23/201314:31:36Copper Hits One-Week Low as Chinese Manufacturing Disappoints
05/23/201312:30:10EUROPE MARKETS: Europe Stocks Slide After China Data, Fed Comments
05/23/201312:28:36LONDON MARKETS: U.K. Stocks Slide As Miners Drop On China Data
05/23/201310:31:51UK, France Agree to Sign up to Resources Transparency Initiative
05/23/201310:01:11Copper Slumps on Weak Chinese Manufacturing, Fed Worries
05/22/201304:58:08ASIA MARKETS: Japan Stocks Rally After Central-bank Meet
05/22/201303:31:01Iluka Resources Considers Spinoff of Iron-Ore Royalty
05/21/201312:41:59LONDON MARKETS: U.K. Stocks Extend Gains To 13-year High
05/21/201310:53:12EUROPE MARKETS: Europe Stocks Pause After Rally; Carnival Sinks
05/21/201307:28:10LONDON MARKETS: U.K. Stocks Extend Gains To 12-year High
05/21/201305:40:49LONDON MARKETS: U.K. Stocks Extend Gains To 12-month High
05/20/201309:13:48EUROPE MARKETS: Europe Stocks Pause After Rally; Miners Slump
05/20/201308:19:32EUROPE MARKETS: Europe Stocks Slip As Miners Slump
05/17/201312:41:22LONDON MARKETS: Banks Lift U.K. Stocks To 51/2-year High
05/17/201302:32:32ASIA MARKETS: Asia Stocks Trade Mostly Higher As Japan Swings...
05/16/201322:59:07ASIA MARKETS: Japan Stocks Slip, But Australia, China Rise

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