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Royal blames infrastructure for Pilbara exit

ROYAL Resources has sold the last of its Pilbara iron ore interests to Fortescue Metals Group wit...

Kristie Batten

The company's three remaining Pilbara licenses were sold to FMG Pilbara for $A350,000 cash and a sliding royalty on future production from the tenements. The royalty starts at 1.5% and reduces to 0.1%...

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