CAPITAL MARKETS

Deterra shows how powerful its business model is

DETERRA Royalties has declared a final fully franked dividend of A11.52c per share, in line with its goal to return 100% of net profit after tax.

Deterra managing director Julian Andrews

Deterra managing director Julian Andrews

The company, which was demerged from Iluka Resources late last year, today posted a full-year NPAT of $94.3 million on revenue of $145.2 million. Deterra's core asset is a royalty over BHP's Mining...

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