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Mitch's explanation just now for the incredibly low costs in...

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    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)
 
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