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State to be major loser in Acland mine royalty payouts

Joshua Robertson reports in The Guardian (3.7.15) tht the mining company that owns the proposed Acland mine site ‘expects to pay itself most of the royalties from one of Queensland’s most controversial coal projects under a century-old legal loophole.’

‘New Hope Group, whose proposed Acland coal mine expansion on the Darling Downs is under review by the state government, has revealed it would receive an estimated 77% of royalties while the state would get only 7%.’

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