April 21, 2026 — 6:08pm
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Mining giant Fortescue, which is rapidly switching its vast Pilbara iron ore operations to run on electricity, is pushing for reform of the country’s diesel tax credits which it says are an unnecessary “handout” to the mining industry worth billions of dollars.
Fortescue, founded by billionaire Andrew Forrest, said it will target the diesel tax credits in a national television and radio campaign that highlights the “imbalance at the heart of the current policy, contrasting the cost-of-living pressures faced by everyday Australians with the billions of dollars in tax credits flowing to the mining industry.”
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