Just noticed the iron ore is being sold at approx AU$168 per metric tonne , one tonne of crushed ore being about the volume of a large 360L wheely bin
Great for the mining companies , dependent industries and great for Australia as the ore is owned by all Australians , and of course a bill of sale upon export , effectively point of sale , and so change of ownership, is gladly received by the appropriate national authorities along with a cheque of fair remuneration on behalf of all Australians
Of course the mining companies receive fair capital gain as they are licensed to mine the ore and wholesale
Iron Ore | Today's Spot Price & Charts - Market Index
Weight to Volume conversions for select substances and materials (aqua-calc.com)
Wheelie Bin Sizes and Specifications - Just | Wheelie | Bins
The Australian public is getting fair renumeration ? Price has improved by 50% this year
Minerals Resource Rent Tax - Wikipedia
As usual would be so much simpler - 1 tonne sold so x% of sales price paid as Citizens Ownership sales tax direct to Government
A clear before tax business expense
Accounting can them minimalise all they like
