Mar 31, 2026 (The Australian - ABIX via COMTEX) --
The Chamber of Minerals & Energy of Western Australia's CEO Aaron Morey says the world is now in an era of strategic competition and sovereign industrial capability. He contends that leverage matters in this environment, and Australia has the commodities that the world needs, particularly iron ore and LNG. Morey adds that it therefore makes sense for Australia to use iron ore exports as leverage to secure a supply deal with China regarding diesel fuel. Morey has also cautioned the federal government against imposing a so-called 'windfall tax' on the oil and gas sector; he notes that a similar tax imposed in the UK four years ago has curtailed investment in gas well drilling in the North Sea..
Publication Date: 1 April 2026
THE CHAMBER OF MINERALS AND ENERGY OF WESTERN AUSTRALIA INCORPORATED
COMTEX_476328355/2229/2026-03-31T20:13:46
By Brad Thompson
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