Rio Tinto commits $100m to regional worker housing
Rio Tinto (ASX: RIO) will invest $100m to support the delivery of more than 500 homes for regional frontline workers, as part of the WA Government’s Seven Cities Vision for regional WA.The Government Regional Officer Housing (GROH) expansion will be delivered across five years.The program will be partially funded through a partnership with major resources companies through the Resources Community Investment Initiative (RCII), with $100m from Rio Tinto, $50m from BHP and $20m from Hancock.Rio Tinto’s contribution will support new homes in Karratha, Wickham, Tom Price, Paraburdoo and Roebourne, while the broader state-wide program also includes 26 homes for regional frontline workers in Albany.Rio Tinto iron ore chief executive Matthew Holcz comments on the initiative.“Rio Tinto has a long and deep connection to regional WA, directly supporting six towns across the Pilbara and, through our fly-in fly-out program, providing employment and economic activity to a further six communities from the Kimberley to the Great Southern,” he said.“Being a good partner to those communities means investing in the things that make them work; the teachers, police and frontline workers who keep them safe and thriving. And for those people to be there, the right housing needs to be in place.“This $100m investment does exactly that, delivering more homes in Karratha, Wickham, Tom Price, Paraburdoo and Roebourne and supporting the many people who live and work in these communities.”WA Premier Roger Cook says Regional cities like Karratha and Port Hedland have been central to WA becoming the strongest economy in the nation.“While traditional industries like mining will continue to thrive, Karratha and Port Hedland will be front-and-centre to my government’s vision and becoming a renewable energy powerhouse and making more things here,” he said.“To seize the big job-creating projects in front of us in Karratha and Port Hedland, we need to continue to invest in economic infrastructure and expand their roles as hubs providing quality services to the towns and remote communities within the Pilbara.“I commend and thank Rio Tinto, BHP and Hancock Prospecting for partnering with my government on this GROH housing build, to support the delivery of better services in the communities in which they operate.”