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Tax spectre haunts mining boom, Glencore warns

Hans van Leeuwen

London | Rising commodity prices are likely to stoke further pressure for tax increases on the mining sector, Glencore’s chairman and chief executive have warned shareholders.

They joined the chorus of alarm after former prime minister Kevin Rudd on Thursday urged the federal government to reinstate the super-profits tax that he proposed a decade ago.

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Hans van Leeuwen covers British and European politics, economics and business from London. He has worked as a reporter, editor and policy adviser in Sydney, Canberra, Hanoi and London. Connect with Hans on Twitter. Email Hans at hans.vanleeuwen@afr.com

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    Original URL: https://www.afr.com/companies/mining/tax-spectre-haunts-mining-boom-glencore-warns-20210423-p57lof