Economy · Finance
Tasmania's financial windfall from mine leads to creation of future fund
Lucy MacDonald · ABC News (AU)
Published 13 Oct 2026, 5:25 am·1 h ago·1 min read
Listen to this story
Read aloud by your device
In 2023, the Tasmanian government acquired 12 per cent of the shares of a struggling tungsten mine after its owner could not repay a $10 million loan. Since then, the price of tungsten has significantly increased, leaving the state government with a one-off financial boon.
Read the full story at ABC News (AU)
abc.net.au