Madamswer, agree totally. If they can perform well this contract will be like herpes (lasts forever). Rio's previous contract with Fluor was in place for 40 years (see cut and paste below), with the nice sweetener quote from Rio about spending also expected to increase going forward.
Managing, maintaining and upgrading Rio’s massive rail network requires specific skills and many of the affected workers are expected to find work with the new contractors.On its website, Fluor describes its association with Rio in the Pilbara as one of its longest-running contracts in the company’s 100-year history, having been in place since 1968.“Keeping these railways safe and up to the task: that is Fluor’s commitment,” it says.The contract change comes as Rio prepares to spend an extra $200 million on its Pilbara rail network this year to remove bottlenecks in its iron ore logistics chain.
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