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Xstrata co-founder Davis lines up new tilt

Follow the man, follow the money. For hard-hit followers of resource stocks in Western Australia that’s where they will find nuggets of good news, as smart people with spare cash refocus on a mining sector that’s showing early signs of a sustained recovery.

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WA Revenue most recent financial year

1st-CBH Group$4.19bn
2nd-Glencore$910.0m
3rd-KB Food$613.8m
4th-Plum Grove$493.0m
5th↑Geraldton Fishermen's Co-operative$350.7m
96 agribusiness ranked by WA revenue most recent financial year

WA export revenue

12th↑Mineral Resources$1.20bn
13th↑Iluka Resources$970.0m
14th-Glencore$955.0m
15th-Karara Mining$900.0m
16th-Talison Lithium$683.0m
50 exporters ranked by WA export revenue most recent financial year

Number of Employees

Exporters

11thCBH Group1,100
12thV&V Walsh1,000
13thGlencore900
14thWestern Areas650
15thTronox600