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Tax spectre haunts mining boom, Glencore warns

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 is The Australian Financial Review’s former Europe correspondent. He is now International Economy editor for The Telegraph UK.

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