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Business

Marion Rae

Treasurer faces 'hard truths' in global industrial race

Australia United States Warren Pearce Jim Chalmers Federal Budget Amec Supply chain

The Albanese government is facing growing calls to provide bigger clean energy incentives. (David Mariuz/AAP PHOTOS)

Australia's emerging miners, refiners and battery suppliers fear they're losing out to foreign rivals and uncapped tax breaks in the clean energy race.

Warren Pearce, head of the Association of Mining and Exploration Companies which represents more than 500 businesses, says there are "hard truths" that need to be recognised in the upcoming federal budget.

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