Deterra Royalties (ASX:DRR) Current Accrued Expense : A$0.0 Mil (As of Dec. 2023)

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What is Deterra Royalties Current Accrued Expense?

Deterra Royalties's Current Accrued Expense for the quarter that ended in Dec. 2023 was A$0.0 Mil.

Deterra Royalties Current Accrued Expense Historical Data

The historical data trend for Deterra Royalties's Current Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
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Deterra Royalties Current Accrued Expense Chart

Deterra Royalties Annual Data

Trend

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Current Accrued Expense

Deterra Royalties Semi-Annual Data
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Deterra Royalties Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

Deterra Royalties Current Accrued Expense Related Terms

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Deterra Royalties (ASX:DRR) Business Description

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DETRF:USA

Address

140 St Georges Terrace, Level 16, Perth, WA, AUS, 6000

Website

https://www.iluka.com

Deterra Royalties was spun out from Iluka Resources in October 2020 with Iluka retaining a 20% interest. Its only material income generating asset is a royalty covering iron ore produced by BHP from the Mining Area C royalty area, located in the Pilbara region of Western Australia. The royalty area includes the North Flank mine, producing approximately 60 million metric tons of iron ore a year, and the South Flank mine, expected to add a further 85 million metric tons a year by 2024 after producing first ore in 2021. The MAC royalty area also covers most of the Tandanya and Mudlark deposits, which BHP intends to develop in the longer term as part of its plan to operate the MAC production hub for at least 50 years. Deterra's strategy is to grow into a diversified royalty company.