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On 16 March 2023, the European Commission (EU Commission) published its Critical Raw Materials Act Proposal (the Proposal). This is proposed legislation aimed at securing access for the European Union (EU) to a sustainable supply of critical minerals. Read more
By Jay Leary and Jaya Prasad Summary Global investment in the clean energy transition has placed increased demand pressures on critical minerals supply chain Australia is already a key player in the critical minerals market but there is further opportunity to expand Australia’s offering to the global market Key risks include geological scarcity, sovereign and … Read more
By Anna Creegan, Rachel Lee and Calvin Rokich On 21 September 2022 the WA Government tabled its response (Response) to the ‘Enough is Enough’ report (Report) made by the Western Australian Parliament’s Community Development and Justice Standing Committee following the Inquiry into sexual harassment against women in the FIFO mining industry (Inquiry). Read more
By Melanie Debenham, Naomi Hutchings and Nigel Amigh A recent decision of the Supreme Court of South Australia has reinforced the significance of Aboriginal cultural heritage issues in the process of obtaining approvals for mining and exploration activities. In Dare, Bilney & Ors v Kelaray Pty Ltd, Premier of South Australia [2022] SASC 91 (Dare … Read more
By Jaya Prasad From 29 July 2022, Foreign Investment Review Board (“FIRB”) application fees have doubled, following the introduction of amending legislation to the Foreign Acquisitions and Takeovers Fees Imposition Regulations 2020 by the Federal Government on 21 July 2022. Read more
By Jay Leary The Chilean government have announced the introduction of a tax reform bill that will introduce a new royalty system payable by copper miners. This bill contains a variable royalty rate, dependent on the quantity of copper sold. Rates could increase to as high as 32% depending on the price of copper. Given … Read more
By Jay Leary To the great surprise of all within the industry, the Queensland government has announced significant changes to the royalty regime for coal. The changes end what has otherwise been a stable period of royalty policy nationally. The royalty changes proposed are well out of step with other jurisdictions and display a deep … Read more
Interest in deep sea mining has grown as the world grapples with how to meet the demand for critical minerals. In this article, we look at the current state of play, what’s on the horizon, and provide our assessment of what’s needed to make it a viable, sustainable option. Read more
Saudi Arabia has in recent years been under scrutiny as a major player in the oil-based carbon economy, but it is now drawing praise for its strategic shift towards the discovery and extraction of minerals and metals. In an online media session to discuss the implications of the Kingdom’s new mining regime, global industry leaders … Read more