Yinhawangka Aboriginal Corporation and Rio Tinto sign Interim Modernised Agreement [Yahoo! Finance]
Rio Tinto Plc (RIO)
US:NYSE Investor Relations:
riotinto.com/investors-87.aspx
Company Research
Source: Yahoo! Finance
This interim agreement builds on the 2013 Participation Agreement between the Yinhawangka People and Rio Tinto. It sets out how both parties will work together and establishes a pathway to a fuller modernised agreement that will govern how Rio Tinto operates on Yinhawangka Country for the long term. The agreement introduces a co-management approach that reflects modern expectations for partnership. Yinhawangka will be involved earlier and more meaningfully in mine planning, with both parties working together in making key decisions including in relation to protection and management of cultural heritage and the environment. The agreement includes dedicated funding to support Yinhawangka participation in co-management. Yinhawangka Aboriginal Corporation Board Chairwoman Robyn Hayden (née Tommy) said: "Mining on our Country always comes with hard decisions, and we have always been clear that Yinhawangka People must be at the centre of those decisions. "This agreement with Rio Tint
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