Critical Minerals Royalty Deferral Scheme NSW

About this grant

This program supports the development of critical minerals projects in NSW.

Eligibility requirements

All of the following criteria must be met:

• Holders of mining leases in nsw.
• To be eligible to apply for a critical minerals project under the scheme, applicants must:
• 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.
• Mineral.royalty@regional.nsw.gov.au
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What the funding covers

• Deferral of royalty payments.

How to apply

1. 1Confirm readiness: Ensure you meet criteria (e.g., ABN, turnover limits, GST registration), align project objectives with grant goals, and estimate time for evidence gathering and writing.
2. 2Gather evidence: Collect documents like financials, business plans, market research, project budgets, resumes, risk analysis, and support letters to prove capability and impact.
3. 3Register/log in: Obtain an Australian Business Number (ABN) if needed, sign into the relevant portal (e.g., Business Grants Hub portal), and note any prerequisites like advisory service reports.
4. 4Prepare and write application: Address all selection criteria clearly (project details, government alignment, costs, outcomes, benefits); keep concise, factual, and compelling; validate for completeness.
5. 5Review, approve, and submit: Proofread, get stakeholder sign-off, submit online via the portal before deadline (no late entries); expect eligibility check, merit assessment, and outcome notification.
6. 6Visit https://business.gov.au/grants-and-programs/critical-minerals-royalty-deferral-scheme-nsw for application details

Application tips