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Sue Ellery says training will help workers deal with automation and technology. Photo: Attila Csaszar

Rio Tinto to spend $2m on Tafe program

Mining giant Rio Tinto has committed $2 million towards the development of a new curriculum in partnership with Tafe WA, which will focus on jobs around automation and future advancements in technology for the mining industry.

The new curriculum, branded as the first of its kind in Australia, will be developed next year, with the program to be made available to students in post-secondary courses and industry traineeships by 2019.

“We are generating opportunities for our current and future workforce to gain skills and competencies for smart mining,” Rio iron ore chief executive Chris Salisbury said.

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Total Shareholder Return as at 31/10/16

1 year TSR5 year TSR
354thRio Tinto12%-1%
441stWestpac-2%13%
453rdTelstra-4%21%
466thCommonwealth Bank-7%14%
541stWoolworths-19%-1%
726 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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