KGB: Neville Power

The Fortescue chief says mining companies won't pay as much under the MRRT as the government expects, while the company's cash costs are set to fall and its funding package is coming together well.

Fortescue Metals Group chief executive officer Neville Power tells Business Spectator's Stephen Bartholomeusz:

- Mining companies will not pay the level of tax the government expects under the MRRT.

- The diesel fuel rebate is not a subsidy for miners, and scrapping it would impact Fortescue significantly.

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