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BHP/Rio probed for state agreement breach, page-2

  1. 2,909 Posts.
    lightbulb Created with Sketch. 191
    "If it emerged the miners were paying royalties on the price ore is sold to Singapore marketing hubs, rather than the price paid to Chinese steel mills..."

    So the landed costs for BHP and RIO is now going to be more than USD35/t now that they have to pay the proper royalty.
 
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