๐ Mining (Royalties) Amendment Regulations 2026
RegulationsSL 2026/28 January 2026
Principal Act
These regulations amend the Mining (Royalties) Regulations 2025 to introduce a royalty framework for vanadium, specifically addressing its sale to related corporations and its use in vanadium electrolyte production. It defines 'specified vanadium product' and sets a royalty rate of 2.5% for vanadium sold as such or used as feedstock.
Mining operators producing vanadium will be affected. They will need to comply with the new royalty calculations for vanadium sales to related entities and internal use for electrolyte production, potentially impacting their financial planning and reporting.
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