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Fears Rio Tinto will sell-off Territory interests: Union – ABC News (Australian Broadcasting Corporation)

Fears Rio Tinto will sell-off Territory interests: Union

The Northern Territory mining union says workers are worried that Rio Tinto’s expected plans to sell off Northern Territory interests will mean more job losses and worse pay and conditions.

Rio Tinto is expected to announce today it will sell its 68 per cent stake in the Energy Resources Australia (ERA) uranium mine at Jabiru, and part of its bauxite mine and aluminium refinery at Gove, to pay off a 37 billion dollar debt.

Fears Rio Tinto will sell-off Territory interests: Union – ABC News (Australian Broadcasting Corporation)

February 13, 2009 - Posted by Christina Macpherson | Uncategorized

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