Economy

As a responsible corporate citizen, Macarthur Coal contributes financially to the economy at both a state and federal level and to the communities in which it operates.

In 2011 Macarthur Coal contributed:

over $64.9 million in salaries, wages and superannuation to its emplioyees (excluding contractors, on a 100% project basis)
$121.6 million in dividends to shareholders
$104.0 million in company tax to the Australian Government
$68.2 million in royalties to the Queensland Government (on a 100% joint venture basis).

Under Queensland Government regulations, a royalty of 7% (and up to 10% for coal sales valued above $100 per tonne) is payable on all Macarthur Coal's revenue. The royalty amount is based on the AUD sales price less port costs.

The Company also made a substantial contribution to the local communities in which it operates through the purchase of services and supplies as well as through donations and sponsorships. Employees and contractors at Coppabella and Moorvale mines and the Middlemount Mine project also add a significant economic contribution to the Nebo, Coppabella, Moranbah and Middlemount townships through their purchases from local businesses.