RE: IRON MAN17 Jun 2021 13:17
Thanks Max. A good read. Seems that there is really nothing underhand as everyone can request the leases due to become available.
At One AUD per request seems to be money very well spent!
Fortescue secured new exploration ground by paying Western Australia’s Department of Mines and Petroleum for automated electronic information requests on specific land parcels before the free, public release of which leases had become available that day, an examination of the department’s data has found.
The approach used by Fortescue is not illegal under Western Australia’s “first come, first served” laws governing the transfer of mining permits. That means the company that first lodges its application for newly available leases – known as mineral tenements – on a government register wins the right to explore, and then possibly mine.