Mitch's explanation just now for the incredibly low costs in Minas Gerais, Brazil.
- 3 cents - 5 cents kwhr energy costs (with an 85% hyrdo grid)
- Labour costs roughly 60-70% cheaper than WA
- Tax rates in Minas Gerais are low (corporate tax rate of 15%) and royalty of 2% (significantly lower than WA)
LRS General Discussion, page-16758
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