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28 Jun
07:59

Bowen warns coal royalty hike may hurt investment

Australia-listed Bowen Coking Coal says the recently announced large hike in coal royalties will negatively impact investment appetite for future mining projects in Queensland, Kallanish notes. The recent change of Queensland coal royalties represents a significant increase on top of an already high royalty regime, making Queensland coal royalties the highest in the world, the firm observes. "We understand these new royalty levels are designed to i…
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