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Coronado report highlights eye-watering Qld royalties hit
Summary by iQ Industry Queensland
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Coronado report highlights eye-watering Qld royalties hit
Curragh coal complex operator Coronado Global Resources has paid $1.9 billion in Queensland royalties since 2018, including a whopping $1.2 billion demanded since a new regime was introduced in FY22. The full weight of the royalty burden was revealed in the company’s half-year results presentation released today. It comes after receivers and managers were appointed for fellow Bowen Basin miner Bowen Coking Coal and related entities Bowen PCI and…
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