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Rio shares hit decade high

Miner riding high on iron ore price

Kristie Batten
Stockpiles at Rio Tinto's Cape Lambert port

Stockpiles at Rio Tinto's Cape Lambert port

The stock opened 4.8% higher this morning, peaking at A$107.99 - a price not seen since July 1, 2008. Rio shares are up by more than 39% since the start of the year. Goldman Sachs today upgraded...

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