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Rio, BHP reach $1.4bn royalties deal

Mining giants BHP Billiton and Rio Tinto have reached a royalty agreement with the West Australian government for their iron ore operations in the state.

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Perth
Well done Mr Barnett, Mr Rudd could learn a lesson from his State counterparts. Al Capone allegedly said "You get a lot more Co-operation if you speak nicely and hold a gun". I suspect that Mr Barnett understands that. Mr Rudd just holds the gun and forgets to talk nicely.

las vegas, nv.
This Agreement seems to indicate that the RSPT Tax promoted by Mssrs. Rudd & Swann and the Labor Party gennerally to be an act of insanity. Surely they have been acutely aware of the year long work Mr. Bartlett and the WA Gov't. Don't Vote them out-throw them out now-they are nuts. A 50 % rise in the Royalty is massive at any time. I suspect however the Hospital will get built faster and cheaper if the two companies built it themselves and kept the rates where the were?

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BHP Billiton (BHP)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/08/18

1 year TSR5 year TSR
254thBHP Billiton27%5%
737 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

th-BHP Billiton$59,376.3m
77 listed non wa companies ranked by revenue.
Source: Morningstar

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