A summary of the royalty rates as at 1 July 2011 is set out in the table below. Please refer to the Regulations and other relevant documents for full details.
No royalty is payable on the first $100,000 of the combined value of certain minerals sold, disposed of or used in a year. These types of minerals are identified by 'Attracts royalty free threshold' in the 'Comments' column of the table.
A royalty discount applies for base minerals processed within Queensland to a particular metal content, as prescribed by section 39, Mineral Resources Regulation 2003. These types of minerals are identified by 'Attracts processing discount' in the 'Comments' column of the table.
For some commodities, different rates apply in respect of commodity sold, disposed of or used:
- inside Queensland (referred to as 'domestic' in the table)
- outside Queensland (referred to as 'non-domestic' in the table).
| Commodity | Rate | Comments | Policy and other references |
|---|---|---|---|
| Coal |
7% of value up to A$100 per tonne, and 10% of the value thereafter Example A$100 per tonne = 7% of coal value |
Rate to be calculated separately for domestic and non-domestic sales |
Policy No. 140—Determination of coal royalty (PDF 95 K) Schedule 4, Part 2, s.3 of the Mineral Resources Regulation 2003 |
| Petroleum and gas (including oil, condensate, natural gas, LPG and coal seam methane) |
10% of wellhead value | Policy No. 68—Clarification of revenues and allowable deductions in establishing wellhead value under Section 148 of the Petroleum and Gas Production and Safety Regulation 2004 (PDF 90 K) Section 147(3) of the Petroleum and Gas (Production and Safety) Regulation 2004 |
|
| Bauxite |
Non-domestic—the higher of 10% of the value of the bauxite or $2.00 per tonne Domestic—the higher of 75% of the calculated rate per tonne for non-domestic bauxite or $1.50 per tonne |
Schedule 4, Part 2, s.2 of the Mineral Resources Regulation 2003 | |
|
Industrial minerals: Bentonite Calcite Clay Shale Clay used for fired clay products Diatomite Dolomite Feldspar Gypsum Kaolin Lime, earth Limestone Magnesite Marble Mica Perlite Rock mined in block or slab form for building or monumental purposes Salt Sand, gravel and rock Silica Wollastonite
|
Rate per tonne: $1.80 $1.00 $0.50 $0.50
$1.00 $0.75 $0.50 $1.00 $0.50 $0.75 $1.50 $1.00 $1.50 $1.00
$1.50 $0.50 $0.90 $0.75 |
Schedule 4, Part 2, s.1 of the Mineral Resources Regulation 2003 | |
|
Base and precious metals: Cobalt Copper Gold Lead Nickel Silver Zinc |
Variable rate between 2.50% and 5.00 % (varying in 0.02% increments), depending on average metal prices (effective from 1 January 2011) |
Information in relation to the applicable variable rate will be provided by OSR Attracts processing discount (except gold and silver) Attracts royalty free threshold |
Policy MIN 1—Payable metal and revenue issues in relation to royalty applying to certain prescribed minerals (PDF 145 K) Schedule 4, Part 1, ss.1–3 of the Mineral Resources Regulation 2003 Table of quarterly and annual metal prices and variable rates (PDF 130 K) |
| Gemstones | 2.5% of value | Attracts royalty free threshold | Schedule 4, Part 1, s.4 of the Mineral Resources Regulation 2003 |
| Mineral sands (includes anatose, ilmenite, leucoxene, monazite, rutile and zircon) |
5% of value | Schedule 4, Part 1, s.6 of the Mineral Resources Regulation 2003 | |
| Phosphate rock |
The higher of $0.80 per tonne or the amount determined by the formula contained in Schedule 4, Part 1, s.7(1)(a) of the Mineral Resources Regulation 2003 |
Schedule 4, Part 1, s.7 of the Mineral Resources Regulation 2003 | |
| Iron ore (includes magnetite, titanomagnetite and ironstone) |
Where average price per tonne is A$100 or less—$1.25 per tonne Where average price per tonne is more than A$100—$1.25 per tonne plus 2.5% of value above A$100/tonne |
Attracts processing discount |
Schedule 4, Part 1, s.9 of the Mineral Resources Regulation 2003 |
| Manganese, molybdenum, rare earths, tantalum and tungsten | 2.7% of value |
Attracts processing discount Attracts royalty free threshold |
Schedule 4, Part 1, s.5(a) of the Mineral Resources Regulation 2003 |
| Other mineral (a material for which a royalty rate is not already prescribed in a regulation) |
2.5% of value |
Attracts royalty free threshold |
Schedule 4, Part 1, s.10 of the Mineral Resources Regulation 2003 |