Inform
Queensland government hikes coal royalties to cash in on record prices
Report summary
The Queensland government has increased coal royalties after a 10-year freeze. The new royalty structure adds three more pricing-tiers, with a top rate of 40% when prices rise above A$300/t. This compares to the current top rate of 15% above A$150/t. The new royalty has been imposed to allow the state government to share in the super-profits sweeping both the metallurgical and thermal coal sectors. We estimate a US$ 4.3 billion increase in government take for 2022 alone based on the royalty change.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Asset Report
Berwyndale South
The Berwyndale and Berwyndale South coal seam gas fields are located on a structural high called the Undulla Nose in the Surat Basin.
$3,100
Asset Report
Wingellina - Cobalt project
A detailed analysis of the Wingellina nickel project.
$2,250
Asset Report
Zhenshi Gebe (Fajar Bhakti) (closed nickel operation)
Cost analysis of the Zhenshi Gebe NPI plant in Indonesia
$2,250