Deterra riding high on iron ore royalties

JUST 18 months after its successful demerger from Iluka Resources, Deterra Royalties is riding high on a wave of cash and is preparing to reward its shareholders.

Deterra riding high on iron ore royalties Deterra riding high on iron ore royalties Deterra riding high on iron ore royalties Deterra riding high on iron ore royalties Deterra riding high on iron ore royalties

Deterra is riding the money train at MAC

The company, which claims it has a simple business model of collecting the cash and paying its owners, generated revenue up 72% to A$93 million for the December half, largely from its 1.