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Mia Davies says the Nationals will focus on doing ‘the right thing by regional WA’. Photo: Attila Csaszar

Nats won’t back down to miners

The Nationals WA will continue to demand that mining giants BHP Billiton and Rio Tinto pay more to mine iron ore, despite the ferocious campaign the miners waged against the proposal in the lead up to the March state election.

The campaign led to the defeat of (then) Nationals leader Brendon Grylls in his seat of Pilbara, however, new leader Mia Davies says there will be no backing down.

“I don’t much like bullies,” Ms Davies told Business News.

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BHP Billiton (BHP)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/04/17

1 year TSR5 year TSR
336thBHP Billiton18%-2%
363rdRio Tinto12%-1%
463rdNational Australia Bank-0%12%
498thCommonwealth Bank-7%14%
572ndWoolworths-19%-1%
707 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

1st↑Woolworths$61,149.4m
2nd-Rio Tinto$49,225.3m
3rd↓BHP Billiton$42,224.6m
4th-National Australia Bank$27,213.0m
5th-Commonwealth Bank$27,005.0m
77 listed non wa companies ranked by revenue.
Source: Morningstar

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