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Rio Tinto shares climb to decade high

Shares in Rio Tinto have risen to their highest level since 2008.

Rio Tinto shares climb to decade high Rio Tinto shares climb to decade high Rio Tinto shares climb to decade high Rio Tinto shares climb to decade high Rio Tinto shares climb to decade high

Stockpiles at Rio Tinto's Cape Lambert port in Western Australia

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.