The mining industry wasny destroyed in 2015 when iron ore was $39 USD/Ton and our AUD was 14% higher than now.
Doubling the royalty would mean $7/ton less for BHP, Rio etc whick would make their revenue/ton at least twice what it is now
and the country $8 billion a year better off.
If you are barracking for foreign owners then please say so rather than Australia given that 86% of our mines are foreign owned.
So what are ya?
- Forums
- Breaking News
- Crank up mining royalties on Iron ore
Crank up mining royalties on Iron ore, page-65
-
- There are more pages in this discussion • 167 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)