Iron ore royalties made up 75 per cent of the $5.2 million collected by the state from the resources sector last year.

Iron ore miners pay royalty majority

The mining sector has hit back over claims it doesn’t pay enough royalties, with new figures showing it pays nearly $5 a tonne.


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AS an retired ex employee of a major miner in Queensland, I entirely agree with Mr Howard Smith. Governments especially with elements leaning to the Left see the mining industry as a soft target and an easy source of funds. They fail to realise that if these industries fail then there will be no royalties paid. There is a glut of iron ore on the market and Vale would be very happy to supply more iron ore.

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