The Resources Inventory
The Resource Inventory is your source for the latest trends regarding the resource industry. We cull the latest information and updates from the energy, oil and gas, and mining industries.
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Check out the Technology Inventory and Telecom Inventory blogs as well.
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Fortescue Metals Group’s war with Canberra shows no sign of abating, with the iron ore miner urging the government to avoid changes to the diesel tax rebate while also warning that a long-promised constitutional challenge to the mining tax was now just weeks away.
Speaking today at the release of the company’s March quarter results, Fortescue chief executive Nev Power said the legal challenge to the Gillard government’s Minerals Resource Rent Tax was pushing ahead and ‘’looking solid’’.
‘’We are instructing counsel as we speak and briefing them in terms of the challenge to the MRRT and we would expect to be lodging that challenge in the next few weeks,’’ he said.
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