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30 Oca 2024

Yazan:
Justice for Myanmar

Myanmar: Report documents Australian companies' continued operations following military coup

"Mines Against Humanity: Unearthing the Australian companies, executives and investors in Myanmar's mining sector under the illegal military junta", 30 January 2024

Australian executives, investors and companies are omnipresent in Myanmar’s mining sector, and have continued to operate after the brutal military launched an attempted coup on February 1, 2021, providing the junta with support and legitimacy, and helping to ensure the mining sector stays open for business.

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The exploitation of natural resources is the biggest source of foreign revenue for the military junta, and mining is a highly lucrative part of that trade. Funds from the mining sector flows to the junta through revenue sharing, rent and tax, helping to fund its ongoing atrocities. ...

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Australian owned, led and incorporated companies are conducting mineral exploration, operating mines and providing a wide range of services critical to the continued operation of the mining sector under the military junta. Services include testing, drilling, social and environmental consulting and other technical and regulatory services.

This report documents 10 company networks that have remained active in Myanmar following the coup attempt. It also highlights six company networks that are not currently active in the mining sector but remain registered in Myanmar and require monitoring should they resume operations under the junta. Companies have been included in this report based on their confirmed links to Australia through ownership, place of incorporation and the nationality of company executives. Australian links are detailed for each company network.

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