Incentive opens for junior minerals explorers

15 July 2021

Australia’s junior mineral explorers can apply to access substantial exploration incentives from mid-July under the $100 million extension of the Junior Minerals Exploration Incentive (JMEI).

Minister for Resources and Water Keith Pitt announced the four-year extension of the incentive as part of the 2021-22 Budget and said it would help to ensure jobs for future generations of miners...

“The resources and energy sector delivered a record $310 billion in exports in 2020/21 and the government wants to make sure the industry can continue to make a significant economic contribution for the benefit of all Australians.”

The extension of the Junior Minerals Exploration Incentive brings total investment in the JMEI to $200 million and builds on the existing suite of Australian Government support for discovery of new mineral deposits, including the $225 million Exploring for the Future Program run by Geoscience Australia.

https://www.minister.industry.gov.au/ministers/pitt/media-releases/incentive-opens-junior-minerals-explorers-1