Reality check for critical minerals, and for Canberra


Source: afr.com afr.com

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In an address to the National Press Club, Forrest was relatively circumspect about the benefits of production tax credits being sought by many miners to help alleviate their current woes. “I haven’t looked at it closely enough,” he said. “It seems to make a lot of sense applying a tax credit on a profit you don’t have yet, so it seems a win-win for the Australian taxpayer, but I would like to look at it further.” Little sympathy for miners Other nickel and lithium companies are much more insistent in their demands for production tax credits to be granted as...