Finance expense

12 Months Ended

Jun. 30, 2023

Finance expense [Abstract]

Finance expense

Note 8.  Finance expense

	Consolidated
	Year ended 30 June 2023		Year ended 30 June 2022		Year ended 30 June 2021 (restated*)
	US$’000		US$’000		US$’000
Interest expense on borrowings		15,213		5,343		311
Interest expense on hybrid financial instruments		-		26,748		14,182
Interest expense on lease liabilities		112		99		22
Amortization of capitalized borrowing costs		1,038		2,508		1,968
Loss on embedded derivatives held at fair value through profit or loss		-		390,743		44,692
		16,363		425,441		61,175

Interest expense on borrowings includes late fees and interest charged on third-party loans held by IE CA 3 Holdings Ltd and IE CA 4 Holdings Ltd. See note 17 for further information.