Resources & Royalties

Australia’s major mining, oil and gas companies — their total income, taxable income, company tax and Petroleum Resource Rent Tax (PRRT). Companies reporting no company tax are flagged.

Corporate tax transparency report · Last updated: 01 December 2024

Largest firm paying $0 company tax

$52.3bn

South32 · nil company tax on this total income

Combined total income

$1.1tn

40 companies

Company tax paid

$35.2bn

3.3% of income

PRRT paid

$4.6bn

Petroleum Resource Rent Tax

Companies paying $0 tax

11

Of 40 companies

Company tax paid, by company

Top 10 resource companies by company tax paid — % of the combined total

Resource company tax records

40 records

BlueScope Steel

Sector
Steel
Total income
$57.8bn
Taxable income
$1.7bn
Company tax
$520m
PRRT

Mineral Resources

Sector
Iron Ore & Lithium
Total income
$55.6bn
Taxable income
$16.1bn
Company tax
$4.8bn
PRRT

Senex Energy

Sector
Gas
Total income
$53.6bn
Taxable income
$2.7bn
Company tax
$804m
PRRT
$310m

IGO Limited

Sector
Battery Metals
Total income
$53.2bn
Taxable income
$5.3bn
Company tax
$1.6bn
PRRT

ConocoPhillips Australia

Sector
Oil & Gas
Total income
$52.4bn
Taxable income
$2.1bn
Company tax
$629m
PRRT
$610m

South32

Sector
Diversified Mining
Total income
$52.3bn
Taxable income
$0
Company tax
$0 tax
PRRT

Sandfire Resources

Sector
Copper
Total income
$51.9bn
Taxable income
$5.7bn
Company tax
$1.7bn
PRRT

29Metals

Sector
Copper
Total income
$49.9bn
Taxable income
$0
Company tax
$0 tax
PRRT

Deterra Royalties

Sector
Royalties
Total income
$47.7bn
Taxable income
$9.1bn
Company tax
$2.7bn
PRRT

Pilbara Minerals

Sector
Lithium
Total income
$44.8bn
Taxable income
$13.4bn
Company tax
$4bn
PRRT

Alcoa Australia

Sector
Aluminium
Total income
$43bn
Taxable income
$0
Company tax
$0 tax
PRRT

Evolution Mining

Sector
Gold
Total income
$39.7bn
Taxable income
$2.8bn
Company tax
$834m
PRRT

Karoon Energy

Sector
Oil & Gas
Total income
$39.6bn
Taxable income
$5.9bn
Company tax
$1.8bn
PRRT
$490m

Northern Star Resources

Sector
Gold
Total income
$36.5bn
Taxable income
$9.5bn
Company tax
$2.8bn
PRRT

Origin Energy

Sector
Energy
Total income
$35.1bn
Taxable income
$7bn
Company tax
$2.1bn
PRRT

BHP Group

Sector
Diversified Mining
Total income
$34.5bn
Taxable income
$0
Company tax
$0 tax
PRRT

INPEX Australia

Sector
Oil & Gas
Total income
$33.4bn
Taxable income
$3.7bn
Company tax
$1.1bn
PRRT
$740m

ExxonMobil Australia

Sector
Oil & Gas
Total income
$27.8bn
Taxable income
$1.1bn
Company tax
$334m
PRRT
$340m

Glencore Australia

Sector
Coal & Metals
Total income
$27.1bn
Taxable income
$3.3bn
Company tax
$976m
PRRT

Iluka Resources

Sector
Mineral Sands
Total income
$23.7bn
Taxable income
$2.4bn
Company tax
$711m
PRRT

New Hope Group

Sector
Coal
Total income
$23.1bn
Taxable income
$6bn
Company tax
$1.8bn
PRRT

Rio Tinto

Sector
Iron Ore
Total income
$22.8bn
Taxable income
$0
Company tax
$0 tax
PRRT

Chevron Australia

Sector
Oil & Gas
Total income
$22.1bn
Taxable income
$5.7bn
Company tax
$1.7bn
PRRT
$390m

Beach Energy

Sector
Oil & Gas
Total income
$18.7bn
Taxable income
$4.1bn
Company tax
$1.2bn
PRRT
$60m

Adani Mining

Sector
Coal
Total income
$17.4bn
Taxable income
$0
Company tax
$0 tax
PRRT
Reporting no company tax in a given year is legal and can arise from prior-year losses, large capital deductions, or low taxable income despite high total income. These figures are shown exactly as disclosed, without inferring wrongdoing.

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