The local arm of beverage giant Coca-Cola and mining giant Glencore have both made important gains of over $130 million in coal royalties

The dispute – and the surprising fact that Coca-Cola’s Australian arm earned coal royalties – was revealed in 2020 by The Australian Financial Report.

It was about coal from the Rolleston open pit mine, about 300 kilometers west of Rockhampton.

Glencore now owns 100% of the coal operation and has paid nearly $54 million in state royalties since 2009 “under the mistaken assumption that the state owned the coal,” the ruling said. The bug was picked up after the State Department…