Major union proposes ‘punitive’ tax on export of raw critical minerals from Australia
An influential Australian union will propose a “significant, punitive tax” on the export of raw critical minerals as a means of promoting more value-adding onshore. The news comes as longstanding trade allies voice criticism over Australia’s growing momentum towards domestic manufacturing.
Long read: White elephant Morrison Government announces gas-led relapse
The Morrison Government has announced its plans for a gas-led recovery including an ultimatum to the private sector that if it doesn’t prop up the gas sector the Government itself would step in to build a new gas-fired power plant in the Hunter Valley and an expanded Australia Gas Hub in QLD. For many experts the announcement reads more like a suicide note than a recovery strategy.
Bringing green steel to reality: GFG launches Whyalla overhaul
GFG Alliance head Sanjeev Gupta has announced a high-cost refurbishment plan for the Whyalla Steelworks in South Australia marking a major step towards his goal to power the plant with green hydrogen.
