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Iron ore royalty action

Most new companies expect to be in business longer than 12-months, but if recent events in the mining sector are a guide, then newly formed Australian-based iron ore royalty specialist, Deterra Royalties, might not make it to its first birthday.

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The threat to Deterra's independence is that high-quality royalties of the sort it controls are a red-hot asset class with long-term players in the royalty game such as Canada's Franco-Nevada actively