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Rio Calls On Australia Government To Fund Commuter Services -Report

Rio Tinto PLC (RIO) has told an Australian Senate inquiry into "fly-in fly-out" commuter work practices for mine workers that the government can't rely on the company to pay for all the services its workforce requires, The Australian Financial Review reported Friday. Mark O'Neill, head of government relations at Rio, is cited as saying that governments had a responsibility to adjust to changes in demographics and to geographical changes in demand for basic services they had traditionally been responsible for delivering. "Imposing further costs and complexities on an industry already under significant pressure could seriously impact the sector's ability to deliver the projects that are needed to underpin Australia's future prosperity," Mr. O'Neill said. Newspaper website: http://www.afr.com Write to Dow Jones Newswires at djnews.sydney@dowjones.com

Stock News for Companhia Vale (RIO)
DateTimeHeadline
04/14/201422:10:17Rio Tinto Iron-Ore Output Drops in Adverse Weather
04/13/201420:53:51GlencoreXstrata Sells Las Bambas Mine to Chinese Consortium For...
04/08/201403:40:29Antofagasta Says Price of Copper May Have Found a Bottom
04/08/201401:39:12Antofagasta CEO Says Price of Copper May Have Found a Bottom...
04/07/201417:52:38ADR Shares End Mixed; Rio Tinto Shares Active
04/07/201410:05:11Rio Tinto Exits Massive Alaskan Copper-Gold Project
04/02/201418:27:45Vale Suspends Transporting Coal From Mozambique Mines -- Update
03/31/201410:25:57LONDON MARKETS: FTSE Rises For Second Day As Miners Push Higher
03/27/201413:34:09LONDON MARKETS: FTSE Down On Retail Data, Losses For HSBC, RBS
03/27/201409:52:14LONDON MARKETS: U.K. Stocks Fall, With HSBC, RBS Down After Fed...
03/26/201413:32:40EUROPE MARKETS: Europe Stocks Higher As ECB Stokes Stimulus Hopes
03/25/201421:40:50Australia Sees Resource Export Earnings Rising Sharply
03/25/201413:20:37EUROPE MARKETS: European Stocks Jump Most In Three Weeks
03/25/201411:19:10EUROPE MARKETS: European Stocks Shrug Off Ifo Survey
03/24/201415:36:22LONDON MARKETS: London Stocks Fall After Mixed Global PMI Data
03/24/201415:19:15U.S. Stock Futures Rise
03/21/201413:26:13LONDON MARKETS: FTSE 100 Posts First Weekly Rise In A Month
03/21/201413:15:26LONDON MARKETS: London Stocks Gain, Move Toward A Weekly Rise
03/20/201413:54:20LONDON MARKETS: Oil Firms, GSK Push FTSE 100 To Six-week Low
03/17/201413:30:15LONDON MARKETS: FTSE Rebounds From Six-day Losing Run

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