Lifecycle
- Effective
- Last change
Country / jurisdiction: Australia · Year: 2024 · Status: In force · Level: State/Provincial · Type: Voluntary
In response to challenging conditions in the global market, the Western Australian government is offering royalty relief to the state's nickel industry in the form of an 18-month Nickel Financial Assistance Program beginning in March 2024. Producers may benefit from a 50% royalty rebate, repayable over a 24 month period, for quarters in which prices are below 20,000 USD per tonne. The Program aims to support local jobs and advance the State's vision of becoming a global battery minerals processing hub.
Official source: https://www.wa.gov.au/government/media-statements/Cook-Labor-Government/Cook-Government-acting-to-protect-WA-nickel-industry-jobs-20240217
Source
https://www.iea.org/policies/20090Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.