Australia's nickel and lithium producers seek government support via production tax credits and infrastructure improvements to compete in the net-zero economy market.

Australia's nickel and lithium producers are facing financial challenges due to the decline in market prices and numerous project suspensions. The industry is urging the government for support through measures like production tax credits and improvements in infrastructure like transportation. The companies aim to provide tax relief to invest in processing battery chemicals and compete in the global market for nickel and lithium, which are crucial for the transition to a net-zero economy.

February 03, 2024
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