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Rio Tinto: to finance renovation of Australian hospital

(CercleFinance.com) - Rio Tinto is to invest A$20m (approximately $13.
5m) in the refurbishment of the Paraburdoo Hospital in Western Australia, in partnership with the local government.

The funding, drawn from Rio Tinto's A$250m commitment to the Resource Community Investment Initiative, will upgrade the hospital with modern facilities, including new GP wards.

The project will be combined with Rio Tinto's previous A$20m contribution to a new hospital in Tom Price, to make the overall works more attractive to contractors.


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