‘Use it or lose it’: Queensland treasurer warns BHP’s mining leases may be at risk without investment

Cameron Dick uses day of mining giant’s yearly financial results to send message as stoush continues over royalties

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Queensland’s treasurer has warned BHP that its mining leases might be in jeopardy if the company does not continue investing in the state.

Cameron Dick used the day of BHP’s full-year results to continue his stoush with the mining lobby over Queensland’s progressive coal royalties, first telling the Australian newspaper that the government would not hesitate to revoke mining tenures being “misused” before telling parliament that firms had to “use or lose” their leases.

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