WA Business News reported that the state's iron ore juniors are predicted to reap the rewards from the collapse of the Rio Tinto and Chinalco deal, with Chinese investment likely to flow to emerging iron ore producers.

While the full impact of the broken deal and the merger of Rio and BHP Billiton's Western Australian iron ore assets have yet to emerge, investors took advantage of the news, judging by share price movements in some iron ore stocks.

On the day the news broke, shares in Pilbara iron ore stocks increased, with Atlas Iron up 4%, BC Iron surging 39% on a double dose of good news and Fortescue Metals Group up 14%.

(Sourced from WA Business News)