Business Spectator has reported that Rio Tinto Ltd
(ASX:RIO) has warned the Australian government against making changes to the mining tax, adding that the resources sector will remain vulnerable to political attention while commodity prices remain high.
Rio Tinto CEO Tom Albanese says most forecasters assume the current strong iron ore prices are not permanent but still have a few more years.
For the year ended 30 June 2010, Rio reported a net profit $7.36 billion.
