LYC 3.12% $6.28 lynas rare earths limited

I noticed on the Molycorp message board today that there is a...

  1. 255 Posts.
    I noticed on the Molycorp message board today that there is a post indicating that Bloomberg is reporting a new 2.5% royalty tax on Western Australian mining operations. They state that Lynas would potentially have to pay $17 to $18 million/year in royalty taxes. Can anyone verify this tax?
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.