Original article by Peter Ker, Julie-anne Sprague
The Australian Financial Review – Page: 3 : 31-Aug-18
Woodside Petroleum CEO Peter Coleman contends that recent comments by Rio Tinto CEO Jean-Sebastien Jacques about rising labour costs in Western Australia’s Pilbara region have alarmed investors. Coleman says he can see no signs that "cost inflation" is rampant in the region, while BHP Billiton CEO Andrew Mackenzie said that while there were indications of inflation in the Pilbara, he was not "fazed" by it. Coleman says any talk that the new investments in the region can be likened to the previous mining boom are way off the mark.
WOODSIDE PETROLEUM LIMITED – ASX WPL, RIO TINTO LIMITED – ASX RIO, BHP BILLITON LIMITED – ASX BHP