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BC Iron takes up govt royalty offer

By:  
Creamer Media Senior Deputy Editor: Australasia
 
IRON-ORE
The Western Australian state government has granted iron-ore miner BC Iron royalty assistance at its Nullagine joint venture. The assistance would be in the form of a deferral of 50% of the iron-ore royalties paid between December 2014 and September 2015, subject to BC Iron’s free-on-board price being less than A$90/t in the quarter.
 
 
 
 
 

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