Royalty on Iron Ore must be raised
Steel Secretary PK Rastogi declared the royalty for iron ore was very low and hence favoured a substantial rise. He prefers an ad valorem duty on iron ore mining. For full story, click here
Articles Tagged "substantial"
Rio Tinto continues iron ore spot sales with Chinese
Platts declared that Rio Tinto has continued to sell substantial volumes of iron ore on the spot market and that its bottom line could be hit by ongoing price negotiations with its Chinese customers. For full story, click here
