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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
06/29/201504:07:07Australia Shares End 2.2% Lower on Greece Worries
06/22/201505:40:48Savannah Resources Shares Surge on Mozambique JV with Rio Tinto...
06/22/201503:24:06Savannah Resources, Rio Tinto to Create Mineral Sands JV in Mozambique
06/21/201519:29:51ERA Chairman, Directors Quit in Dispute with Rio Tinto
06/20/201516:08:03Is China Going to Use the Mining Downturn to Take Over the Industry?
06/19/201514:07:02You Can See the Next Boom Brewing in BHP Billiton and Rio Tinto's...
06/18/201514:00:093 Stocks to Watch in Copper
06/15/201512:06:02How Drones Are Making Rio Tinto a Better Miner
06/12/201503:56:32Australia Shares End Down 0.2% on Falling Commodities Prices...
06/11/201519:19:06Rio Tinto Refinances US$1.2 Billion of Debt
06/11/201514:00:07Rio Tinto Assessing Potential Noncash Impairment Of $300 Million--Update
06/11/201513:56:48Rio Tinto Assessing Potential Noncash Impairment Of $300 Million
06/10/201514:02:02Thrifty Miners Killed Caterpillar and Joy Global's Sales: Are...
06/09/201503:10:50Australia Shares Post Sixth Straight Fall
06/05/201503:43:20Australia Shares Suffer Worst Week in Three Years
06/04/201506:50:15Glencore May Cut Coal Output Further to Combat Glut
06/04/201503:17:18Australia Shares End Down 1.4%, Extending Gloomy Week
06/02/201503:33:15Australia Shares End Down 1.7% After Absence of Central Bank...
05/25/201503:51:11Australia Shares Start Week With Solid Gains
05/22/201515:02:02These Mining Giants Are Throwing in the Towel; Are Iron Ore Prices...

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