Critical Minerals Royalty Deferral Scheme

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About the Critical Minerals Royalty Deferral Scheme

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Instructions for Applicants

Before completing this application form, you should have read the program guidelines.

Incomplete applications and/or applications received after the closing date will not be considered.

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Scheme Details

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Scheme Guidelines

Please review the Critical Minerals Royalty Deferral Scheme Guidelines prior to submitting an application.

 

Key Information:

Applications open 

1 July 2025 

Royalty deferral period

It is a condition of any deferral approval that the project commences recovering critical minerals from between the date on which the deferral approval is granted and 30 June 2030.

If approved, the deferral approval will be for up to five years and will defer any royalty payments accrued within that five-year period for a period of five continuous years after the date the royalty would otherwise have been payable.

Application outcomes

Applicants are encouraged to submit their applications in the financing or pre-construction stage of the project

This will allow sufficient time for the assessment and determination process to ensure royalty deferral arrangements are in place prior to the commencement of production. Applications cannot be made once a royalty payment is already due.

Decision maker

Minister for Natural Resources

NSW Government source department

NSW Resources, Department of Primary Industries and Regional Development (‘the Department’)

Scheme cap

$250 million

Enquiries

Website

www.resources.nsw.gov.au/critical-minerals-royalty-deferral

Email

mineral.royalty@regional.nsw.gov.au

Eligibility Confirmation

Please declare this application meets the Program eligibility criteria:
  • be a NSW mining lease holder
  • demonstrate that an eligible mineral or minerals will be recovered under the nominated mining leases
  • demonstrate that the mining lease holder and any related party of the mining lease holder, has market capitalisation, or market valuation, of less than $5 billion
  • indicate that the same minerals have not been previously mined under the nominated mining leases, or any mining lease in effect over the same land immediately before the grant of the leases that are the subject of the application
  • demonstrate that the primary purpose of the nominated mining leases is the recovery of an eligible mineral or minerals.
I confirm that the applicant and project is eligible according to the criteria outlined in the Program Guidelines * Required
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