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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
04/28/201609:00:00Anglo American to Sell Brazilian Businesses to China Molybdenum...
04/28/201608:37:00Rio Tinto to Buy Back $1.359 Billion Debt
04/27/201619:12:00Rio Tinto Prices Offers for US$1.5 Billion Debt Repurchase
04/21/201613:15:00Rio Tinto Plans to Buy Back $1.5 Billion in Debt -Update
04/21/201609:34:00Rio Tinto Plans to Buy Back $1.5 Billion in Debt due in 2017...
04/19/201618:12:00ADRs End Higher; Mining Firms Rise
04/19/201613:43:00Correction to Rio Tinto Trims Iron-Ore Production Update
04/18/201621:00:00Rio Tinto's Iron-Ore Shipments Fall Sharply
04/18/201619:27:00Rio Tinto's Iron-Ore Shipments ​Fall Sharply
04/18/201604:10:00Oil Prices Fall 5% in Late Asia Trading
04/18/201604:02:00Australia Stocks Pulled Lower by Energy Firms
04/18/201604:01:00Oil Prices Fall 5% in Late Asia Trading -- 3rd Update
04/17/201622:10:00Stocks Fall Sharply in Asia
04/14/201619:21:00Rio Tinto, Sinosteel Sign Iron-Ore Supply Deals
04/14/201603:37:00Rio Tinto Abandons Plan to Revise Supplier Payment Terms
04/13/201618:26:00ADRs End Higher; Steelmakers, Mining Companies Rise
04/09/201605:48:00Rio Tinto Doubles Payment Term to Help Free Up Cash
04/08/201611:00:00Rep. McCarthy Visits Rio Tinto Minerals’ Boron Mine
04/06/201602:12:00Fortescue Sees Strong Iron-Ore Shipments Amid Stable Weather...
03/18/201603:02:00Rio Tinto Shakes Up Management

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