StockTake: Minas Gerais backs Araxá niobium and rare earths project with tax exemptions

StockTake: Minas Gerais backs Araxá niobium and rare earths project with tax exemptions

Host Tylah Tully looks at St George Mining’s (ASX:SGQ) latest news as the company secures major tax concessions from the Minas Gerais State Government in Brazil, which could significantly lower development costs for its Araxá project. Under the preferential tax deal, any equipment and other materials acquired for development of the niobium and rare earths project will be exempt from the state’s goods tax of up to 18%. Watch the video to learn mo…