Mining Act 1978

Mining (Royalties) Amendment Regulations 2026

 

 

Mining (Royalties) Amendment Regulations 2026

Contents

1.Citation1

2.Commencement1

3.Regulations amended1

4.Regulation 3 amended1

5.Regulation 13 amended2

6.Regulation 14 amended2

7.Regulation 41A inserted3

41A.Method for working out royalty value of vanadium in certain circumstances3

8.Schedule 1 amended3

 

Mining Act 1978

Mining (Royalties) Amendment Regulations 2026

Made by the Governor in Executive Council.

1.Citation

These regulations are the Mining (Royalties) Amendment Regulations 2026.

2.Commencement

These regulations come into operation as follows —

(a)regulations 1 and 2 — on the day on which these regulations are published on the WA legislation website;

(b)the rest of the regulations — on the day after that day.

3.Regulations amended

These regulations amend the Mining (Royalties) Regulations 2025.

4.Regulation 3 amended

In regulation 3 insert in alphabetical order:

 

specified vanadium product means any of the following —

(a)ferrovanadium;

(b)vanadium pentoxide;

(c)vanadium trioxide;

(d)ammonium metavanadate;

(e)ammonium polyvanadate;

(f)vanadium carbide;

(g)vanadium nitride;

(h)vanadium carbonitride;

(i)vanadyl sulphate;

 

5.Regulation 13 amended

After regulation 13(2)(e) insert:

 

(ea)in the case of a specified vanadium product sold in the circumstances described in regulation 41A(1)(a) — for the quantity of the specified vanadium product sold as described in that regulation during the quarter;

(eb)in the case of vanadium used in the circumstances described in regulation 41A(1)(b) — for the quantity of vanadium used as described in that regulation during the quarter;

 

6.Regulation 14 amended

(1)After regulation 14(2)(g) insert:

 

(ga)in the case of vanadium sold or used in the circumstances described in regulation 41A(1) — has the meaning given in regulation 41A(2); or

 

(2)In regulation 14(2) after each of paragraphs (e) and (g) insert:

 

or

 

7.Regulation 41A inserted

At the end of Part 3 Division 3 insert:

 

41A.Method for working out royalty value of vanadium in certain circumstances

(1)This regulation applies if the producer of vanadium —

(a)sells a specified vanadium product to a related corporation of the producer; or

(b)uses vanadium as feedstock to produce vanadium electrolyte.

(2)The royalty value of the vanadium is the amount worked out using the method decided by the Minister under subregulation (3).

(3)The Minister may decide a method for working out the royalty value of vanadium sold or used in the circumstances described in subregulation (1) that takes into account the market price for vanadium of the same or a similar form and grade.

 

8.Schedule 1 amended

(1)In Schedule 1 Division 2 in the item for Lithium delete “sold”.

(2)In Schedule 1 Division 2 after the item for Uranium insert:

 

Vanadium

 

 — sold as a specified vanadium product

2.5%

 — used as feedstock to produce vanadium electrolyte

2.5%

 

(3)In Schedule 1 Division 3 delete the item for Vanadium and insert:

 

Vanadium — for vanadium not realised on contained vanadium from a product (such as magnetite) where the average grades of vanadium are over 0.275% V2O5 in the ore and a vanadium circuit is not installed

5%

Vanadium pentoxide price

 

A. O’SULLIVAN, Clerk of the Executive Council

© State of Western Australia 2026.

This work is licensed under a Creative Commons Attribution 4.0 International Licence (CC BY 4.0). To view relevant information and for a link to a copy of the licence, visit www.legislation.wa.gov.au.

Attribute work as: © State of Western Australia 2026.

By Authority: ROGER JACOBS, Acting Government Printer