Western Australia slaps 2.5% royalty on rare earths mining

By Jack Elliott
Published: Thursday, 01 March 2012

Tax could cost Australian RE developer Lynas A$17m a year in payments

Western Australia has imposed a new 2.5% royalty charge on rare earths mining, in a move that could seriously burden the country’s developers, Australia’s government website showed.

The royalty, part of Australia’s Mining Amendment Regulations – announced on 24 February – is the first imposed...

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