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Rio Scraps Multi Million Dollar Expansion

Published on May 6, 2010 by Technology Slice

Rio Scraps Multi Million Dollar Expansion – Rio Tinto has raised the stakes in the mining industry’s fight with Kevin Rudd over his new super tax by shelving its $11 billion expansion plans in Western Australia. In a fresh blow to the Prime Minister’s tax reform plans, the mining giant said it would withdraw its [...]

Tags: Bhp Billiton, Coal Projects, Dollar Expansion, Energy Prices, Expansion Plans, Industry Executives, Iron Ore, kevin rudd, Massive Iron, Mining Industry, New South Wales, Origin Energy, Power Plants, Profit Tax, Retail Energy, rio tinto, Scraps, Tax Reform, Viability, Western Australia
Posted in Money, Politics

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Big Tax Increase On Miners Earnings

Published on May 2, 2010 by Technology Slice

Big Tax Increase On Miners Earnings – Opposition Leader Tony Abbott has attacked the Federal Government’s announcement to impose a new tax on mining companies as part of its much-anticipated response to the Henry tax review. Companies will have to hand over hundreds of millions of dollars each year under the resource super profits tax [...]

Tags: australians, boom, Cutting Company, Decade, Dollars Each Year, Earnings, Federal Government, Incentives, Infrastructure Fund, Miners, Mining Companies, Mining Industry, Mr Abbott, Opposition Leader, Pace, Parliament, Prime Minister, Profits Tax, Tax Cuts, Tony Abbott
Posted in Money

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Rio Scraps Multi Million Dollar Expansion

Big Tax Increase On Miners Earnings

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