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Atlas inks royalty relief deal

Atlas Iron has been granted royalty relief by the Western Australian government.

Kristie Batten
Atlas Iron will get a cash refund of $12.5 million for royalties already paid in the December and March quarters.

Atlas Iron will get a cash refund of $12.5 million for royalties already paid in the December and March quarters.

Like BC Iron, Atlas will receive a 50% refund on royalties paid from October 1, 2014 until September 30 this year, subject to the FOB received price for iron ore remaining below $90 per dry metric tonne...

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