Originally Posted by
MickG0105
If you compare Western Australian state royalty revenue from say 2017-18, when iron ore was trading under $1 per tonne, with last year, with iron ore in the $1.50 and upwards range, there's a difference of over $3 billion or about 60 percent ($5.21 billion in 2017-18 versus $8.29 billion for 2020-21).
I reckon you meant iron ore trading at under $100 per tonne and subsequently over $150.