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ABB's technology will allow Rio Tinto to monitor its power assets in the Pilbara from its Perth operations centre.

ABB wins $100m power orders from Rio Tinto

Mining giant Rio Tinto has awarded contracts collectively worth around $100 million to global power and automation technology group ABB, to construct 17 power distribution substations to support Rio’s iron ore expansion in the Pilbara.

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Total Shareholder Return as at 31/10/16

1 year TSR5 year TSR
373rdRio Tinto12%-1%
476thWestpac-2%13%
493rdTelstra-4%21%
504thCommonwealth Bank-7%14%
569thWoolworths-19%-1%
721 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

13/12/13
$0 Bought
13/12/13
$90k Sold
03/05/13
$1k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

1st↑Woolworths$61,149.4m
2nd-Rio Tinto$49,225.3m
5th-Commonwealth Bank$27,005.0m
6th-Telstra$26,607.0m
7th↑Westpac$21,642.0m
77 listed non wa companies ranked by revenue.
Source: Morningstar

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