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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: Write to Dow Jones Newswires at

Stock News for Companhia Vale (RIO)
10/20/201602:48:00Iron Ore Shipments From Top Australia Miners Settle Down -- Update
10/19/201618:29:00Rio Tinto Quarterly Iron Ore Shipments Slip
10/11/201603:35:00Savannah Resources, Rio Tinto Tweak JV Pact to Start Project...
09/30/201605:20:00Savannah Resources 1st Half Net Loss Narrows; Extends JV Deadline
09/29/201603:08:00Oil-Price Jump Helps Drive Australia Stocks to Four-Week High
09/28/201623:30:00Asian Shares Gain After OPEC Deal
09/26/201611:22:00Rio Tinto Launches New Debt Reduction Plan for Up To $3 Billion
09/24/201613:00:00Rio Tinto opens the doors of its modernised smelter to the Kitimat...
09/19/201623:30:00Asia Shares Tread Water Ahead of BOJ, Fed
09/14/201603:14:00Australia Stocks Gain After Four-Session Run Lower
09/11/201623:00:00Asian Shares Slide After U.S. Drop
09/01/201619:19:00Aurizon Names Former Rio Tinto Executive Andrew Harding as CEO
08/30/201601:20:00Asian Shares Rise on U.S. Gains and Higher Commodities Prices
08/29/201600:30:00Stocks in Asia Fall After Comments From Fed
08/19/201600:10:00Asian Shares Down, Though Higher Oil Prices Lift Energy Stocks
08/12/201603:43:00Rio Tinto Iron-Ore Chief Attacks Australian Lawmaker's Proposed...
08/11/201601:20:00Newmont Sees Dividends Rising, Provided Gold Prices Cooperate
08/11/201600:00:00Asian Shares Slide on Slumping Oil Prices
08/03/201605:10:00Rio Tinto Cuts Dividend as Weak Prices Take Toll
08/03/201602:56:00Rio Tinto 1st Half Net Profit More Than Doubles

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