by Ekrem Duman | Jul 30, 2026 | Australia Company Stories, Mining & Resources
⚡ TL;DRAustralia taxes mining in layers: state royalties on revenue, federal company tax at 30% on profit, the Petroleum Resource Rent Tax on offshore petroleum profits, and negotiated payments to Traditional Owners. A federal minerals resource rent tax was...
by Ekrem Duman | Jul 30, 2026 | Australia Company Stories, Mining & Resources
⚡ TL;DRAustralia produces the largest share of the world’s spodumene, the hard-rock ore that feeds lithium battery supply chains. Between 2022 and 2025 the sector experienced one of the most violent commodity cycles on record: prices collapsed, mines were...
by Ekrem Duman | Jul 30, 2026 | Australia Company Stories, Mining & Resources
⚡ TL;DRFortescue did not exist in its current form until 2003, shipped its first ore in 2008, and now moves close to 200 million tonnes of iron ore a year at one of the lowest cash costs in the world. Andrew Forrest then attempted something no other major miner...
by Ekrem Duman | Jul 30, 2026 | Australia Company Stories, Mining & Resources
⚡ TL;DRRio Tinto runs the most heavily automated large-scale mining system in the world: 18 Pilbara iron ore mines, a roughly 2,000 km private railway operated by driverless trains, and two port terminals, all coordinated from a control room in Perth about 1,500...
by Ekrem Duman | Jul 30, 2026 | Australia Company Stories, Mining & Resources
⚡ TL;DRBHP began in 1885 as a silver, lead and zinc mine at Broken Hill in outback New South Wales and is now the world’s most valuable mining company. In FY2025 it produced a record 290 million tonnes of iron ore in Western Australia and more than 2...
