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A royalty discount applies to base metals processed within Queensland to a particular metal content.
Processing includes leaching, refining, smelting and solvent extraction electro winning (SX-EW).
The discount is applied to the royalty payable.
In the table below, you can find a list of discounted minerals, the minimum metal content required and the relevant discount.
|Mineral||Minimum metal content||Discount on processed mineral|
|Copper, iron ore||95%||20%|