Calculating mining royalty
Your mining royalty liability is calculated using rates set out in Schedule 3 of the Mineral Resources Regulation 2013. Knowing what rates apply to particular minerals will help you calculate your liability.
No royalty is payable on the first $100,000 of the combined value of certain minerals sold, disposed of or used in a financial year (the royalty-free threshold).
A royalty discount applies for base metals processed within Queensland to a particular metal content.
For some commodities, different rates apply in respect of the commodity sold, disposed of or used:
- inside Queensland (domestic)
- outside Queensland (non-domestic).
This guide explains the royalty rate that applies to specific minerals, the available discounts and deductions, and the exemption threshold.