Rio, WA the winners from iron ore price hikes

AS RUMOURS swirl around the potential for Rio Tinto to win 100% price hikes from Chinese steel mills in the wake of yesterday’s agreement with Baosteel, one major winner from the hikes will be Western Australia.

Rio, WA the winners from iron ore price hikes Rio, WA the winners from iron ore price hikes Rio, WA the winners from iron ore price hikes Rio, WA the winners from iron ore price hikes Rio, WA the winners from iron ore price hikes

WA State Treasurer Eric Ripper told journalists yesterday the state looked set to add another $A834 million in revenue from the iron ore price hikes announced by Rio yesterday morning.