The prospect of higher taxes in Western Australia ranks as Rio Tinto's top "global risk", according to the miner's chief executive Jean-Sebastien Jacques.
Speaking in Perth on Friday, Mr Jacques attacked a proposal by WA National Party leader Brendon Grylls for iron ore miners to pay $5 lease rental for every tonne of iron ore produced in the state, rather than the existing rate of 25¢.
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Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com
