Actually that table is wrong. I developed it from details in a...

Actually that table is wrong. I developed it from details in a press release.

Checking Queensland Treasury site the royalty rates on coal are as follows:

Average price per tonne for coal sold, disposed of or used from 1 July 2022

• Up to and including $100—7% of value
• Over $100 and up to and including $150
  • First $100—7% of value
  • Balance—12.5% of value
• Over $150 and up to and including $175
  • First $100—7% of value
  • Next $50—12.5% of value
  • Balance—15% of value
• Over $175 and up to and including $225
  • First $100—7% of value
  • Next $50—12.5% of value
  • Next $25—15% of value
  • Balance—20% of value
• Over $225 and up to and including $300
  • First $100—7% of value
  • Next $50—12.5% of value
  • Next $25—15% of value
  • Next $50—20% of value
  • Balance—30% of value
• Over $300
  • First $100—7% of value
  • Next $50—12.5% of value
  • Next $25—15% of value
  • Next $50—20% of value
  • Next $75—30% of value
  • Balance—40% of value

Source: Mineral rates - Queensland Revenue Office (qro.qld.gov.au)

The following table summaries these rates:



So Average Royalty rates actually range from 7% for Coal below $A100 per ton to 25.9% per ton on A$500 per ton coal.

Regards

SP