Lithium and nickel miners who lobbied for tax breaks are set to be among the big budget winners as the Albanese government tries to shore up its ‘made in Australia’ plans.
Already a subscriber?Lithium and nickel miners who lobbied for tax breaks are set to be among the big budget winners as the Albanese government tries to shore up its “made in Australia” plans.
That model was backed by electric car maker Tesla, along with potential beneficiaries MinRes, Pilbara Minerals, IGO, Liontown, Wyloo, Ardea and Australian Vanadium. Since then, lithium producers have started feeling more positive on the back of a price rally in the second half of the March quarter that prompted Pilbara Minerals boss Dale Henderson to speculate the sectors had emerged from a tough 12 months.
It said the new indexes would be used to be used to support contract negotiations between buyers and sellers that “consider more than just the underlying price of nickel and nickel chemicals”.
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