Nickel industry urges production credits, royalty help
Billionaire Andrew Forrest’s private company has drawn up a policy wishlist to save the nickel industry, amid a warning from Swiss resources giant Glencore about the plight of the sector in Australia.
The Forrest-owned Wyloo Metals is pushing for a 10 per cent production tax credit that would apply to downstream nickel processing, royalty relief, and greater access to government funding.
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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com
Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com
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