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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
05/04/201502:22:37S&P Revises BHP Billiton Outlook on Commodity Slump
05/03/201517:38:16BHP Models Leaner Look for Mining
05/03/201516:28:32BHP Models Leaner Look For Mining
05/03/201513:08:02This Struggling Industrial Giant is Gearing up to be the Next...
05/01/201512:23:29LONDON MARKETS: FTSE 100 Higher As Lloyds, Miners Rally; Pound...
05/01/201508:19:15LONDON MARKETS: FTSE 100 Higher As Lloyds, Miners Rally
05/01/201506:48:24ASIA MARKETS: Japan Stocks Edge Up, But Gains Limited As U.S...
05/01/201506:07:08LONDON MARKETS: FTSE 100 Falls As Barclays Moves Lower, But Lloyds...
04/30/201513:20:12Brazil's Vale Considers Cutting Iron-Ore Output
04/30/201513:13:34Brazil's Vale Considers Cutting Iron-Ore Output
04/29/201519:57:06Iron Ore Snaps Rally as Higher Prices Rattle Buyers
04/29/201514:36:05Iron-Ore Price War Has China's Miners Reeling
04/29/201512:29:31LONDON MARKETS: FTSE 100 Slides Amid Global Growth Worries
04/29/201509:19:02Rio Tinto plc Rating Reiterated by Barclays (RIO)
04/29/201504:16:50LONDON MARKETS: FTSE 100 In The Red As Mining, Barclays Shares...
04/27/201509:33:47Rio Tinto plc's "Buy" Rating Reiterated at Deutsche Bank (RIO)
04/27/201501:03:35Asian Shares Rise, Mining Stocks Lift Sydney-- Update
04/25/201511:00:0310 Most Profitable Companies in Commodities
04/24/201512:36:12LONDON MARKETS: FTSE 100 Advances As HSBC Shares Jump
04/24/201506:59:12LONDON MARKETS: FTSE 100 On Track For A Weekly Advance; HSBC...

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