Temporary financial relief for critical mineral projects in NSW

Overview

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

This scheme aims to:

• support the development of critical minerals projects by addressing a known barrier to strengthen NSW's position as a competitive destination for investment
• create jobs and stimulate regional growth by facilitating critical minerals projects.

Check if you can apply

To be eligible to apply 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.