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(Updates with BHP comment on royalty hike)
By Harish Sridharan
June 22 (Reuters) - Queensland's bigger-than-expected hike in coal royalties could embolden other Australian states and resources-heavy countries around the world to make similar moves, analysts warned on Wednesday.
Australia's second-largest state, which aims to deliver a budget surplus by 2024-25, said on Tuesday it would increase royalties on coal production after a 10-year freeze, to capture windfall profit from rocketing coal...
>>> Read more: UPDATE 1-Australian state's coal royalty hike could nudge others to follow suit - analysts
By Harish Sridharan
June 22 (Reuters) - Queensland's bigger-than-expected hike in coal royalties could embolden other Australian states and resources-heavy countries around the world to make similar moves, analysts warned on Wednesday.
Australia's second-largest state, which aims to deliver a budget surplus by 2024-25, said on Tuesday it would increase royalties on coal production after a 10-year freeze, to capture windfall profit from rocketing coal...
>>> Read more: UPDATE 1-Australian state's coal royalty hike could nudge others to follow suit - analysts
