A FRESH bout of ''resource nationalism'' could be imminent, amid speculation that Brazil is poised to follow Australia's lead by imposing a major tax on its mining industry.
Less than two weeks after the Australian government released details of its revised mining tax, a report from Brazil suggests a tax of up to 25 per cent is being considered for that nation's mining industry.
Published in Brazil's biggest-selling newspaper, the report was unconfirmed last night, but it followed more than a year of consultation between the government and miners over reform of the sector.