Australia’s pension giant pressing Rio over heritage site blasts

Australia’s biggest pension fund said it is pressing Rio Tinto Group on the destruction of a 40 000-year-old Aboriginal heritage site, though isn’t yet contemplating selling down its stake in the world’s second-biggest miner.

“I don’t think we’re at that position yet, the company has been listening,” Mark Delaney, chief investment officer of AustralianSuper Pty. told Bloomberg’s ‘Inside Track’ webinar on Tuesday. “They have been quite approachable about the issue and we are working through the issue with them.”