Royalties western australia
WebRoyalties for Regions Page last updated: Monday, 13 May 2024 - 11:58am Royalties for Regions is a major government-funded program in Western Australia, administered by the Department of Primary Industries and Regional Development (DPIRD). WebMay 26, 2024 · The royalty is a 1.25% – 1.50% sliding scale Gross Revenue Royalty (“ GRR ”) over the Wonmunna mine, with 1.25% GRR payable when benchmark 62% iron ore price is below A$100/tonne and 1.50% GRR...
Royalties western australia
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WebThe state has the world's largest reserves of iron ore with 29% of the world's iron ore, followed by Brazil with 19%, Russia with 15% and China with 12%. [2] [5] [3] In 2024–21 the Western Australian Government received A$9.8 billion in royalties from the iron ore mining industry in the state. [4] [2] [6] [3] History [ edit] WebMay 2, 2024 · Royalties Online System for Western Australian mineral and petroleum producers to electronically prepare, lodge and view royalty returns and production reports. …
WebWestern Australia has a three-tiered royalty system that was introduced in 1981. It applies one of three royalty rates depending on the form in which the mineral is sold (ore, concentrate or final form), and the extent to which it is processed. WebJun 16, 2024 · The market is expected to grow at a CAGR of more than 1% during 2024-2026. Australia is endowed with an abundance of natural resources, including gold, uranium, coal, iron ore, copper, and natural gas. The mining industry, particularly coal, plays an important role in the country’s economy. The country had the world’s third-largest coal …
WebSep 1, 2024 · Dr Forrest’s comments on welfare and royalties came as Fortescue announced it would face a shareholder resolution on Indigenous heritage matters at its annual … Webthe adequacy of royalty revenue from Western Australian petroleum projects and royalty sharing arrangements with Western Australia for the North West Shelf project, Barrow Island project and coastal waters. This submission also responds to discussion in the Issues Note on the appropriate form and administration of petroleum royalties. ...
WebSep 10, 2024 · Record contributions from the mining and resources sector have helped lift Western Australia to a State Budget surplus of $5.6 billion. The surplus is $2.5 billion higher than the figure initially predicted by Treasury in February due to $11.3 billion in royalties paid by the State’s iron ore industry.
WebVox Royalty is a mining-focused royalty and streaming company fixated on continuing to build a portfolio of royalties and streams across a diverse commodity base. Gold Price: … examples powerpoint presentationsWebJun 2, 2024 · While WA earns the most in royalty revenue, proportionally it appears that Western Australians are being dudded. In 2024, WA exported 360% more commodities than Queensland – $1.4 trillion to $30.9 billion – yet earnt less than double the royalties – $8.4 billion to $4.5 billion. WA consistently accounts for the majority of Australia’s ... bryantown md mapWebOct 6, 2024 · These royalties are between 73 and 117 cents per tonne. The ad valorem system has three general tiers of rates depending on the form in which the mineral is sold … examples proof by inductionWebRoyalties for Regions is a major government-funded program in Western Australia, administered by the Department of Primary Industries and Regional Development … bryan townsend delaware senateWebApr 13, 2015 · In 2013–14, iron ore royalties gave the WA government $5.3 billion, roughly 20 per cent of its revenue. Premier Colin Barnett and his ministers assumed the iron ore price would remain at about A$140 per tonne, and set about merrily spending money in all directions. They were not the only ones who got it wrong. bryan townsend pastorWebTaxes, royalties and export controls on minerals and petroleum. The Australian Government and state and territory governments own Australia’s mineral and petroleum resources on … bryant packaged units specsWebMar 29, 2024 · The royalty portfolio comprises a A$0.50 /t royalty over the producing Janet Ivy Mine (" Janet Ivy ") operated by Norton Gold Fields Pty Ltd. (" Norton ") and a 2.5% Net Smelter Return (" NSR... examples primary sources