The Western Australian government has slapped a $5-per metric ton tax on iron ore, and mining interests are fighting back. The Mineral Council of Australia and the Chamber of Minerals and Energy have joined hands to launch “Iron Ore Facts,” a website that highlights the contributions made by mining giants Rio Tinto and BHP Billiton, including royalties paid, jobs created and investment made.

Key Takeaways:

  • The Minerals Council of Australia (MCA) together with the Chamber of Minerals & Energy have launched an Iron Ore Facts website in response to Brendon Grylls’ proposed tax.
  • Grylls seeks to impose a $5 per tonne tax, receiving backlash from several parties including BHP, the MCA, and minister for agriculture and water resources Barnaby Joyce for potentially deterring investment and affecting jobs.
  • The website outlines the facts of the iron ore industry, particularly the contributions made by Rio Tinto and BHP Billiton.

“The Minerals Council of Australia (MCA) together with the Chamber of Minerals & Energy have launched an Iron Ore Facts website in response to Brendon Grylls’ proposed tax.”

https://www.australianmining.com.au/news/new-website-launched-to-combat-proposed-iron-ore-tax/

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