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One of Rio Tinto's camps in the Pilbara.

Shortlist to run Rio facilities

Sodexo has been shortlisted with two other companies to manage all of Rio Tinto’s camps and other facilities in the Pilbara, in the same week it has been awarded a contract to run Shell’s Prelude Floating LNG facility.

Rio is understood to have selected Sodexo, along with ISS Facility Services and Spotless Facilities Services, to enter a final round of negotiations for the lucrative contract.

A Rio spokesperson said the miner expected to issue a letter of intent to the successful service provider in December or January, with a staged implementation taking effect from the second quarter of 2016.

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Comments

Canberra
It would be nice to see a national indigenous (IPP) company involved with this!

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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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