Australia Considers Tax Credit For Minerals Processing, Says Industry Group

The Australian government is considering a tax credit for companies that build processing facilities to boost the value of green energy minerals such as nickel and lithium, the head of a mining industry association said on Wednesday.

Australia’s government is seriously considering a possible 10% production tax credit that would apply to companies developing processing facilities for critical minerals, Association of Mining and Exploration Companies (Amec) CEO Warren Pearce said.

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