FMG loses MRRT challenge

FORTESCUE Metals Group’s legal challenge to the Minerals Resource Rent Tax has been dismissed by Australia’s High Court.

FMG loses MRRT challenge FMG loses MRRT challenge FMG loses MRRT challenge FMG loses MRRT challenge FMG loses MRRT challenge

The mining tax was upheld as legal by the High Court of Australia, which ruled the tax did not discriminate between states and did not give preference to one state over another.