The Australian Government’s Department of Industry, Innovation and Science remains steadfast in its forecast that the iron ore price will average below $US50 a tonne in 2019.
The Australian Government plans to revive greenfields exploration through a new scheme.
Australian Government-owned Clean Energy Finance Corp (CEFC) has emerged as a cornerstone investor in lithium aspirant Pilbara Minerals, which is developing the Pilgangoora project.
The Australia Government’s decision to dump the exploration development incentive (EDI) is a betrayal of the mineral exploration industry in the country, according to the Association of Mining and Exploration Companies (AMEC).
The Association of Mining and Exploration Companies (AMEC) has welcomed the Federal Government’s $100 million exploring for the future program.
The industry body has expressed support for the Australian Government’s decision to review the petroleum tax system in the country.
The Federal Government has launched a review into Australia’s underperforming petroleum resource rent tax (PRRT).
The Australian Government has reached a $39.3 million dollar out of court settlement with the Chinese company responsible for the grounding of the Shen Neng 1 coal carrier off North Queensland.
Australia’s continued determination to dig up coal, while refusing to dig deep to tackle climate change, has put it increasingly at odds with world opinion.