Iron ore is the economic lifeblood of Western Australia. Last year alone, a quarter of the state government's entire revenue came from iron ore royalties, flowing directly into state coffers from ...

The government’s iron ore royalty receipts increased by 8 per cent to $9.4 billion in 2023. But the WA sector is about to face a new competitor in the form of the Simandou mine in the African ...

Straker records that the annual output was about 350 tons. Wealden iron ore is usually a clay-ironstone and occurs in nodules and in thin beds up to a maximum of two feet in thickness, interbedded ...

WA Treasurer Rita Saffioti.Credit: Jesinta Burton. The statement signals yet another jump in iron ore royalty revenue thanks to the government under-egging its predictions, and follows jumps in ...

Budget papers show that about a quarter of the WA government's entire revenue comes from iron ore royalties. By the time the current financial year ends on June 30, those royalties are expected to ...

Western Australia’s budget position has gone for strength-to-strength on the back of higher than forecast iron ore prices and amid a war of words over financial management and GST share with NSW.

do not assume iron ore wealth keeps gushing at the present rate. Pilbara mines supplying Asian steel mills are expected to deliver $9.3 billion in royalties to WA this financial year but the ...

Iron ore giant Rio Tinto boasts a 2000km rail network in WA. Picture: NCA NewsWire / Sharon Smith The train was carrying iron ore when it collided with the stationary wagons, though the volume of ...