Australia to propose tax incentives for critical minerals
The proposed law will set up a tax incentive worth 10% of relevant processing and refining costs for 31 critical minerals.
Ur-Energy is almost ready to start construction at the Lost Creek uranium project after being awarded a permit to mine from the state of Wyoming. Meanwhile, Cameco has signed a strategic alliance to advance uranium exploration in Argentina. However the future of Hanlong’s bid for Bannerman Resources now looks uncertain.
