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)
Featured News
Featured News
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
Previous Video
Next Video
SPONSORED BY The Market Online