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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
09/29/201412:51:49LONDON MARKETS: Mining Stocks Slump In London On China Worries
09/29/201404:20:33LONDON MARKETS: Mining Stocks Hurt On FTSE 100 On China Worries
09/26/201409:00:07U.S. Stock Futures Higher
09/25/201412:37:33LONDON MARKETS: FTSE 100 Slides After Carney Hints Rate Hike...
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09/24/201412:26:46LONDON MARKETS: Rio Tinto, Vodafone Lift FTSE 100 For First Day...
09/24/201408:07:21LONDON MARKETS: Rio Tinto Bucks Downbeat Mood In London After...
09/24/201405:01:52EUROPE MARKETS: TNT Express Slumps; Rio Tinto Climbs: Europe's...
09/23/201404:11:13Australian Shares Recover as Chinese Helps Ease Growth Worries
09/23/201401:30:35Asian Shares Mixed, Australia Gains
09/23/201401:17:32Correction to Asian Shares Story
09/23/201401:02:08Asian Shares Mixed, Austrailia Gains -- Update
09/22/201418:39:55ADR Shares End Lower; Mechel Shares Trade Actively
09/22/201412:13:15EUROPE MARKETS: European Mining Stocks Hurt By China Growth Worries
09/22/201411:33:20Rio Tinto Raises Cost Of Oyu Tolgoi Underground Mine Expansion-Update
09/22/201411:31:16Correction to Rio Tinto Reduces Cost Of Oyu Tolgoi Expansion...
09/22/201410:12:38Rio Tinto Reduces Cost Of Oyu Tolgoi Underground Mine Expansion
09/18/201418:31:58EUROPE MARKETS: Banks Climb After TLTRO, Siemens Slips: Europe's...
09/18/201418:31:57LONDON MARKETS: FTSE 100 Rises As Scots Head To The Polls

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