Australian Prime Minister Kevin Rudd on Tuesday said he does not expect anytime soon to land a deal with Australia's mining companies over the government's proposed resource super profits tax.

The government has received an interim report from its consultation panel that has been hearing from mining companies.

"First, consultations are going well. Second, we do not expect to land any agreement with the mining industry anytime soon," Rudd told reporters in Canberra.

Negotiations with the mining sector would be "long and protracted," Rudd said.

"Anyone out there expecting there to be some magic deal at midnight tomorrow night is wrong."

Rudd said the government would not back down on its proposed 40 percent resource rent tax.

"I wish to emphasize the government remains fully committed to a resource super profits tax," Rudd said, adding the reforms were essential for long-term economic growth.

"It is important reform, we remain fundamentally committed to it."