MRRT = "Monster Rort Rushed Through"

"Monster Rort Rushed Through" is the winning slogan in Fortescue Metals Group's minerals resource rent tax (MRRT) Slogan Competition.


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Very apt description of the tax is indeed a Monsterous rort that is put in place to divide and conquer the mining industry.As it stands it favours the larger companies who are waiting to gobble up the smaller ones for a song .This will surely kill enterprise and drive Australia into a economic tailspin that we can ill afford.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 28/02/18

1 year TSR5 year TSR
154thMineral Resources76%16%
205thNorthern Star Resources53%50%
539thFortescue Metals Group-18%6%
661stAtlas Iron-38%-56%
711 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$0 Issued
$0 Other
$0 Other
Total value as at the date of the transaction
Source: Morningstar


1st-Fortescue Metals Group$10,999.7m
4th-Mineral Resources$1,470.4m
5th↓Atlas Iron$896.6m
6th↓Northern Star Resources$850.6m
503 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Fortescue Metals Group

611thMark Barnaba$223k
723rdSharon Warburton$170k
784thElizabeth Gaines$161k
Ranked by total remuneration from all listed WA companies

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