MCA analysis shows that without carry over units, the financial cost to Australia will be at least AUS$12.8 billion.
CSIRO and Geoscience Australia’s recent assessment of the Carmichael project clears the way for the Queensland Government to finalise the remaining approvals.
The Federal Government’s critical minerals strategy demonstrates the job and investment benefits delivered by Australia’s minerals industry.
Australia’s short-list of projects for detailed consideration through the Underwriting New Generation Investment programme is a welcome start in ensuring the country’s electricity system is capable of delivering affordable power with lower emissions.
The Centre would enable a stronger focus on developing data and other innovative approaches to boosting productivity and ensuring Australia’s minerals industry continues to lead the world on creating wealth for all Australians.
Mining makes up 33% of all company profits in Australia, which makes it a significant contributor to government revenues.
The Minerals Council of Australia has said it welcomes any review of industry association memberships by its member companies.
The campaign outlines the work being done by Australian mining companies to restore land after mining.
In a statement the Minerals Council of Australia said the taxes would threaten high-paying jobs, living standards and investment.
New research has recommended the EPBC Act be reformed to streamline environmental approval of uranium projects while retaining environmental protection.