Grant Library

Critical Minerals Royalty Deferral Scheme

NSW Government

Total poolTotal pool: $250,000,000 (multiple grants offered)
DeadlineCloses Sun, 30 June 2030
RegionNSW

Overview

Critical mineral projects will be offered temporary financial relief through deferral of royalty payments for a period of 5 years.

Eligibility

Who can apply To view the Critical Minerals Royalty Deferral Guidelines, please visit: Critical Minerals Royalty Deferral Scheme | NSW Resources To be eligible to submit an application for a critical minerals project under the scheme, applicants must: be a NSW mining lease holder the primary purpose of the mining lease the subject of the application must be the recovery of one or more critical minerals demonstrate that the mining lease holder, or related body corporate to the mining lease holder, has a market capitalisation, or market valuation of less than $5 billion confirm that the critical minerals the subject of the application have not been previously mined under the nominated mining lease, or any mining lease in effect over the same land immediately before the grant of the lease that is the subject of the application. Types of projects funded under this grant Eligible minerals All minerals listed in Part 7 of Mining Regulation 2016 at the time of application are eligible under this scheme What costs you can apply for Scope of scheme costs This scheme only applies to royalty payments that are payable to the Crown (administered by Revenue NSW) for eligible minerals under the Mining Act 1992 and Mining Regulation 2016 for the nominated project. This scheme does not cover any additional taxes, levies or other costs incurred by the applicant as a result of operating the nominated project or participating in the scheme.

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Rural

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