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Company Announcement: Rio Tinto welcomes Australian Competition Tribunal decision on third party access to its rail network

11th February 2013

  

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Rio Tinto  (0.02 MB)

Rio Tinto welcomes the Australian Competition Tribunal’s decision that its Hamersley and Robe rail lines should not be opened up to other users. Rio Tinto Iron Ore acting chief executive Paul Shannon said “This is great news. Rio Tinto runs a highly efficient railway that is fully integrated with our port and mine operations. This would be severely hindered if third parties were allowed to run trains on our rail network, not to mention the knock-on negative effect on the Western Australian and national economies from creating such inefficiencies.”
 

Edited by Creamer Media Reporter

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