Minerals and coal rents
Annual rent is payable on most resource authorities. It is important that you pay your rent by the due date or penalties may apply.
Due date
The due date is 31 August for the rental year starting from 1 September to 31 August the following year. Rent for mineral exploration permits is payable on the anniversary date of the granted tenure.
Late payment penalty
An additional amount of 15% of the rent is payable if rent is not paid by the due date on mining leases and mineral development licences. If you fail to pay rent and penalties on mining leases and mineral development licences before 1 December, the mining tenement may be cancelled.
Rental rates
| Resource authority | Rental rate |
|---|---|
| EPM (exploration permit - mineral) EPC (exploration permit - coal) EPS (exploration permit - special) | {{ pass_35327 }} per sub-block |
| MC (mining claim) | $0.00 |
| ML (mining lease - variable rate) | {{ pass_35333 }} per hectare |
| ML (mining lease - fixed rate) | Special agreement acts |
Mineral development licences
Rent for the mineral development licence is calculated using the appropriate annual rental rate and including a discount based on the area of the licence.
Annual rental rates for mineral development licences
| Year of the licence | Rental rate |
|---|---|
| Year 1 | {{ pass_35328 }} per hectare |
| Year 2 | {{ pass_35329 }} per hectare |
| Year 3 | {{ pass_35330 }} per hectare |
| Year 4 | {{ pass_35331 }} per hectare |
| After 4 years | {{ pass_35332 }} per hectare |
Area discounts for mineral development licences
| Hectares | Percentage discount |
|---|---|
| First 1,000ha | 0% |
| Next 1,000ha | 60% |
| Next 3,000ha | 75% |
| Next 10,000ha | 95% |
| Each addition 1ha | 99% |
Related information
- See the Mineral Resources Regulation 2013 for more information on rents.
- Last reviewed: 6 Nov 2019
- Last updated: 22 Jun 2018